Cisco is planning to cut 7% of its global workforce, the company said in a filing with the US Securities and Exchange Commission. This restructuring plan is expected to impact approximately 7 percent of Cisco’s global workforce,” the company said in the filing. The process would consist of severance and other one-time termination benefits as well as additional other costs …
Technology major Cisco said that its telecom licence would not be used to compete with telecom service providers, who are its largest customers and partners, but would help accelerate Webex adoption across the country. She added that Cisco was seeing a rapid increase in users and getting a licence would help the company offer lower latency and affordability which would …
