The reduction in the build out of new networking infrastructure has led the worlds leading provider of telecommunications hardware,Cisco, to sort of announce a round of redundancies. Around 2,000 staff are to be "restructured out of employment" from the global workforce of about 70,000.
A great company, but perhaps as Scott Adams observes, one that could afford to thin the ranks just a little.
Tuesday, February 10, 2009
Cisco the latest to announce Dis-employments
Labels:
Cisco,
internet,
invesment in infrastructure,
layoffs,
lose staff,
Next Gen,
NGN,
redundancy
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