Cisco to cut up to 6,000 jobs after FY14 declines

Sam Trendall
clock

Yet more job losses at networking monolith as annual numbers show top- and bottom-line reductions

Cisco is to cut 6,000 jobs after closing a year in which sales and profits declined. The networking giant yesterday published fourth-quarter results which showed revenue and net profit both more...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Computacenter hits £10bn GII in FY23 results

Reseller

Reseller reports strong revenue and profit, driven by technology sourcing, hints at AI as a future influence

clock 20 March 2024 • 3 min read
Logicalis achieves Cisco's sustainable campus access add-on specialisation

Reseller

The IT reseller said it reflects "unwavering commitment to sustainability" to enable customers to reduce carbon emissions from digital infrastructure

clock 19 March 2024 • 2 min read
Cisco closes $28bn Splunk deal: 5 big AI, security and partner things to know

Finance and M&A

“We will revolutionise the way customers leverage data to connect and protect their organisation as we power the AI revolution”

clock 19 March 2024 • 6 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Christanto Suryadarma, Zebra Technologies

Christanto Suryadarma, Zebra Technologies

CRN
clock 22 March 2024 • 4 min read
AI innovation is fuelling growth amongst Microsoft partners, report finds

AI innovation is fuelling growth amongst Microsoft partners, report finds

Microsoft partners are seizing "generational" AI opportunities, fuelling ecosystem growth

Andrea Gaini
clock 22 March 2024 • 2 min read
OVHcloud aiming to increase microservices partner base

OVHcloud aiming to increase microservices partner base

European cloud giant is specifically looking to partner with organisations offering value-added services

Andrea Gaini
clock 21 March 2024 • 2 min read