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Cisco plans to cut more than 4,000 jobs as growth comes to a grinding halt

Cisco had almost 85,000 employees as of last year, suggesting that the move will involve approximately 4,000 jobs. The restructuring will cost about $500 million. ....

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Cisco to cut thousands of jobs as it seeks to focus on high growth areas

Cisco had cut its full-year revenue and profit forecasts in its previous earnings call, in a sign that demand for its networking equipment was slowing. ....

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