Cisco says they plan to cut thousands of jobs - WDRB 41 Louisville News

Cisco says they plan to cut thousands of jobs

Posted: Updated:
LOUISVILLE, Ky. (WDRB) -- Tech giant and networking equipment maker Cisco says it plans to cut about six thousand workers.

Company leaders won't say which divisions will face the cuts, but they say the layoffs will help fund expansions in four different divisions at the company.

Cisco has struggled lately because of concerns that the company's networking business is becoming outdated.

Copyright 2014 WDRB News. All rights reserved.


Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WDRB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.