back to article Cisco needs to slash 5,000 jobs, says analyst

Cisco may fire up to 5,000 staff this August under a restructuring plan, according to analyst Brian Marshall at Gleacher and Co. This equates to 7 per cent of the networking Goliath's global base of employees, which stood at more than 73,000 in April. "While this is a difficult decision to make, in our view it is required in …

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Analysts need to shed at least 5000 staff

100% would be better, obviously.

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Anonymous Coward

cash out?

so, if Thierry Drilhon leaves, how much money does he walk away with and does that have anything to do with 5000 job loses?

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Anonymous Coward

Crippled Licensing

If you've ever bought a BASE Cisco license you'll know how featureless it is. It's about as useful as your typical Home ADSL router, but costs a magnitude more.

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Anonymous Coward

title

The word on linkedin is that it's closer to 10,000 getting the can. Any word on this el reg?

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