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Cisco lays off more California employees |
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Written by Network News Journal Staff
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Friday, 17 July 2009 |
CISCO SYSTEMS HAS ANNOUNCED that it plans to lay off600 to 700 workers at its company headquarters and an undisclosed number of employees at other locations this week. Cisco would state which divisions have been affected. Some workers may find new jobs at the company. The rest will be offered severance packages and help finding other work. The majority of the cuts, reported earlier by The Wall Street Journal, were made at Cisco's San Jose headquarters Thursday, adding to the 447 California workers Cisco had already laid off since the end of February, according to notices filed with the state. As of the end of April, Cisco employed about 66,560 people. The company would not say how many people it has laid off outside of California. |