Cisco Lays Off 1300 Reports Bloomberg

Adrian J Cotterill, Editor-in-Chief

Bloomberg reported Monday that Cisco had laid off 2% of its staff, or 1,300 employees.

That’s bad news even taken in isolation but let’s not forget that almost a year to the day (July 18, 2011 actually) Cisco reported that it was to reduce its workforce by 6,500 employees in the first half of August.

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