archiveCisco Systems


Cisco’s Layoff Move Likely To Impact Its India Operations

Struggling to cope up with the changing market dynamics, the IT hardware vendors seem to be experiencing the toughest phase of their business. Networking major Cisco Systems has joined the list of other struggling technology majors such as, Intel and Dell. Cisco has reportedly announced the plans to layoff over 5000 employees. According to the media reports, Cisco is planning to lay off 5,500 employees, which account for nearly 7 percent of its workforce. The decision is likely to impact Cisco’s India operation, especially employees in its R&D center in...