Cisco Systems, Inc. news

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Cisco Says It's Cutting 1300 Jobs in Drive to Reduce Costs
July 24 (Bloomberg) -- 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.
Cisco's Problem  Forbes
Cisco Systems reducing workforce by 2 percent  San Antonio Business Journal
Why Cisco passed, and Palo Alto Networks prospered
When Cisco Systems Inc decided years ago to drop a network-security project known internally as “Apollo,” little did it know it had paved the way for a startup to blossom into a formidable competitor.
Cisco Turning Around: Stock Has Significant Upside Potential
Cisco Systems, Inc. (NASDAQ:CSCO) designs, manufactures, and sells Internet Protocol - based networking and other products related to the communications and information technology industry worldwide.
Cisco Systems Big Wig Lists Utterly Uninspiring Mansion
John Chambers, chairman and CEO of Cisco Systems, Inc., is asking $14.8M for his newly listed mansion in the Los Altos Hills of Silicon Valley.
Cisco to partner with Canadian municipal group
For the past two years Cisco Systems Inc. has been pushing into the consciousness of cities and towns around the world as a municipal broadband network infrastructure expert.
Cisco Acquires Virtuata, Cloud Security Startup
Danzig, a visiting lecturer at Stanford University, co-founded Wirama, which specialized in radiofrequency identification technology systems before its acquisition by Checkpoint Systems (NYSE: CKP). Then he worked for security specialist Ironport ...
Linux blamed for 'leap second' that humbled Internet
... 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.
Cisco to lay off 2% of workforce
The cuts announced Monday represent about two per cent of Cisco System Inc.'s payroll of 65,000 workers. The company, which employs 1,300 people at customer support, sales and service offices across Canada, declined to provide information on which ...
Cisco layoffs cause high anxiety
But this week, Cisco Systems Inc. acknowledged another 1,300 layoffs, and the move has inspired anything but confidence. In fact, it induced a slew of current and former employees to hit the Internet with complaints of red tape, bloated middle ...
Cisco Touts Its Cloudy Open Future – Will VMware Do The Same?  TechCrunch
Alcatel-Lucent to chop 5000 jobs
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.