Get the latest tech news
Cisco Announces Mass Layoffs Just After Soaring Revenue Report
Cisco, the San Jose-based technology giant, has announced another round of layoffs affecting Bay Area workers, marking a familiar pattern of reporting skyrocketing revenue followed by drastic job cuts. From a report: According to Aug. 13 WARN filings with California's Employment Development Departme...
Cisco, the San Jose-based technology giant, has announced another round of layoffs affecting Bay Area workers, marking a familiar pattern of reporting skyrocketing revenue followed by drastic job cuts. From a report: According to Aug. 13 WARN filings with California's Employment Development Department, the company will eliminate 221 positions across its Milpitas and San Francisco offices. The most cuts, affecting 157 jobs, largely in software engineering roles, were at Cisco's Milpitas office at 560 McCarthy Blvd.
Or read this on Slashdot