Cisco, in transition, may fire 14,000

Cisco Systems is laying off about 14,000 employees, representing nearly 20 per cent of the network equipment maker's global workforce, technology news site CRN reported, citing sources close to the company.

San Jose, California-based Cisco is expected to announce the cuts within the next few weeks, the report said, as the company transition from its hardware roots into a software-centric organisation. CUTTING HANDS 18,000 employees have been kicked off by Microsoft in July 2014 33,000.....

This article is no longer available in our repository.

There could be multiple reasons for this.