back to article Cisco needs to slash 5,000 jobs, says analyst

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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  1. John Styles

    Analysts need to shed at least 5000 staff

    100% would be better, obviously.

  2. Anonymous Coward
    Anonymous Coward

    cash out?

    so, if Thierry Drilhon leaves, how much money does he walk away with and does that have anything to do with 5000 job loses?

  3. Anonymous Coward
    Anonymous Coward

    Crippled Licensing

    If you've ever bought a BASE Cisco license you'll know how featureless it is. It's about as useful as your typical Home ADSL router, but costs a magnitude more.

  4. Anonymous Coward
    Anonymous Coward

    title

    The word on linkedin is that it's closer to 10,000 getting the can. Any word on this el reg?

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