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Technology company Cisco announced Wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company-wide restructuring.
By Akash Sriram (Reuters) -Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that ...
But this will be Cisco’s second significant round of layoffs since. ... Some Triangle-area staff were affected in these layoffs, an impacted employee told The New & Observer at the time.
World Wide Technology, Inc. ( WWT) is a privately-held technology services provider based in St. Louis, Missouri. The company has an annual revenue of $17.0 billion (the 27th largest private company in the US [1] and the biggest black-owned company in the US [2] [3]) and employs over 9,000 people. WWT works in the areas of cloud computing ...
Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. Citrix claims that their products are used by over 400,000 clients worldwide, including 99% of the ...
Insight acquired U.K.-based Minx Ltd., a European network integrator with Cisco Gold Partner accreditation, in July 2008 for $1.5 million and the assumption of $4.6 million of existing debt. During these years, there have been a number of companies founded by Insight employees, such as ComputerSupport.com. [citation needed] 2011-present
So far this year, 144 tech companies have laid off almost 35,000 workers, according to the website Layoffs.fyi. In addition to disclosing the job cuts, Cisco reported strong fiscal second-quarter ...
Synamedia. Synamedia Ltd. (previously Cisco 's SPVSS business, and formerly NDS Group Ltd., and later Cisco Videoscape) is a video technology provider headquartered in Staines-upon-Thames, UK. Its products cover content distribution and delivery, video processing, advanced advertising, broadband offerings, and video security.