Cisco Systems Inc., the biggest maker of computer-networking equipment, plans to eliminate about 1,300 jobs, or 2 percent of the workforce, as Europe's debt crisis and sluggish corporate spending threaten sales.
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the UK-based NDS Group Limited, which provides technology and software to the pay-TV sector, by the internet company Cisco Systems, Inc. of the US.
The fate of staff at Alcatel-Lucent Canada is unknown after the French company announced Thursday it will lay off 5,000 of its 76,000 employees around the world after reporting a US$308 million second quarter loss.
... Sunday UTC (noon, Sydney time), which echoed wider and diffuse Internet problems that temporarily downed a clutch of well-known websites and services including Reddit, LinedkIn, FourSquare, Stumbleupon and Cisco Systems Inc. videoconferencing.
Diver Alexandre Despatie says he will compete in London but admits the road ahead will be tough. He says he's lost most of the feeling on the top of his head where he has a big scar from hitting the diving board last month.
The only lawyer on the list of tech industry CEOs is John Chambers, president and CEO of Cisco Systems Inc., who holds both a law degree and a bachelor's degree in business from West Virginia University as well as an MBA in finance and management ...