Cisco to cut up to 5,500 staff in cloud and security shift

Doug Woodburn
clock • 2 min read

Networking titan says it will lay off up to seven per cent of global workforce - less than some expected - as it looks to 'optimise' low-growth areas of business

Cisco is to axe a maximum of 5,500 staff in an annual clear-out designed to help it line up resources with "priority" areas such as security and cloud. Cisco confirmed in its Q4 earnings announc...

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