The worlds largest maker of computer networking equipment had reported that its laying off 1300 employees due to the market uncertainty . Cisco has a total strength of 65000 employees, so it going to lay off 2 % of its strength in this year 2012. Last year Cisco shed about 10,000 jobs to save 1 billion $ annually.
However they didn't reveal the details , which depeartment they are going to segregate . Cisco had recently taken over the STB giant NDS
However they didn't reveal the details , which depeartment they are going to segregate . Cisco had recently taken over the STB giant NDS
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