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Tag: "Cisco"

10,000 Jobs Being Cut at Cisco

CINCINNATI, July 14, 2011 — As Cisco looks to reduce costs, the once renowned company is now looking to cut 10,000 jobs. With 3,000 employees accepting early-retirement packages, another 7,000 are facing layoffs. Cisco employees aren’t the only ones shaking in their boots. Companies nationwide are also experiencing job cuts. From big international banks such […]