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Cisco Systems to Slash Jobs

Stock Researching
Publish date: Thu, 15 Aug 2013, 09:00 AM
Stock Researching
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From Liston Street Pulse:

Cisco Systems Inc. (CSCO) said on Wednesday that it will cut 4,000 jobs as the company's grapples with declining sales trend in networking equipment such as routers, switches, WiFi access points etc. in the backdrop increasing usage of the mobile technology. For the fourth quarter, Cisco posted a profit of $2.3 billion or 42 cents […]

The post Cisco Systems to Slash Jobs appeared first on Liston Street Pulse.

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