Cisco Systems will lay off 600 to 700 employees at its headquarters in San Jose, California headquarters. The firm warned in February that 2,000 jobs could be cut this year. Cisco Systems is a multinational corporation with more than 66,000 employees and annual revenues of $39 billion as of 2008. It designs and sells networking and [...]
Continue reading...Tuesday, March 10, 2009
Singapore-based electronics manufacturer Flextronics International is cutting jobs and closing facilities to cope with the global economic meltdown. The number and location of the layoffs have yet to be announced. Flextronics signaled in January it might cut jobs due to a slowdown in the global economy. Its customers include Cisco Systems, Sony Ericsson and bankrupt Nortel Networks. Share This [...]
Continue reading...Thursday, February 26, 2009
Cisco Systems has begun cutting jobs as part of a restructuring that the tech giant said could involve the elimination of up to 2,000 positions. The maker of networking equipment did not disclose the specific number of layoffs, but a spokesperson said about 250 employees at the San Jose, California HQ were affected. Earlier this month the [...]
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Thursday, July 16, 2009
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