Ron Burgundy Posted August 13, 2014 Share Posted August 13, 2014 Cisco Systems Inc forecast tepid current-quarter results and said it plans to cut another 6,000 jobs, as the network equipment maker works through a transition toward a new cycle of high-end switches and routers. We are going to lead it, period," Chief Executive Officer John Chambers told analysts on a conference call. In emerging markets, where the company faces sluggish sales and increased competition, Cisco saw continued challenges. "The mixed quarter has become the norm for Cisco," said Zeus Kerravalla at ZK research. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.