Analysts need to shed at least 5000 staff
100% would be better, obviously.
Cisco may fire up to 5,000 staff this August under a restructuring plan, according to analyst Brian Marshall at Gleacher and Co. This equates to 7 per cent of the networking Goliath's global base of employees, which stood at more than 73,000 in April. "While this is a difficult decision to make, in our view it is required in …
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