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Cisco to cut 6,500 jobs to boost profits

Cisco announced on Tuesday that it will layoff 9% of its workforce, or 6,500 jobs, in an effort to boost profits. That figure is lower than original speculation that the company would cut >>

Cisco to restructure, kill Flip business

Today, Cisco announced plans to restructure its business, noting that it will kill off parts of its consumer vertical in an effort to focus on core routing, switching and services, collaboration, architectures, and video. >>