Cisco plans to cut workforce by seven per cent in a restructuring that also includes more focus on areas such as the IoT, security, collaboration, next-generation data center and the cloud.

yesterday was the information that Cisco would reduce the workforce by 14 000 people.

Quite as bad becomes it's not - but Cisco plans to reduce the workforce by seven per cent.

this means that The 5500 Ciscoanställda will lose their jobs – and it will cost the company about $ 700 million.

It notifies the company of the day, writes IDG News.

the Cuts will hit some of Cisco's smaller and more mature business areas, where the long-term growth is not considered to be strong.

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