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August 17, 2016 02:18 pm GMT
Sources are telling TechCrunch that Cisco is planning a significant cost reduction this week, which could involve budget cutsand layoffs. We’ve been hearing that the reductions will be announced on August 17th or 18th and that they will be a part of a push to cut costs by 15 percent, with managers given some flexibility around how they implement this. “A cost reduction of 15%… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Z3LsadI8rJw/
Sources: Cisco planning 15 percent cost reduction this month
Sources are telling TechCrunch that Cisco is planning a significant cost reduction this week, which could involve budget cutsand layoffs. We’ve been hearing that the reductions will be announced on August 17th or 18th and that they will be a part of a push to cut costs by 15 percent, with managers given some flexibility around how they implement this. “A cost reduction of 15%… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/Z3LsadI8rJw/
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