Cisco Reportedly Plans To Lay Off About 14,000 Employees, Or 20 Percent Of Its Workforce

Mike Blake / Reuters (Reuters) – Cisco Systems Inc is laying off about 14,000 employees, representing nearly 20 percent 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 […]