Cisco says it will shed a further 1300 jobs in an ongoing attempt to net $US1 billion in savings.
The workforce reduction is Cisco's second since last year, when it announced plans to cut 10 percent of its 65,000-strong workforce.
"We are performing a focused set of limited restructurings that will collectively impact approximately 2 percent of our global employee population," the company said in an emailed statement.
"These actions .. are part of a continuous process of simplifying the company, as well as assessing the economic environment in certain parts of the world."
Cisco did not specify which business units would be affected.
Chief executive John Chambers launched a fluid restructuring plan last year to cut expenses by $1 billion in an effort to make the company leaner and more efficient. Cisco cut its head count by around 6500, mostly through layoffs and early retiurement packages.
With CRN US.
Copyright © iTnews.com.au . All rights reserved.
Issue: 322 | December 2013
Access CRN's extensive online resources including; email bulletins, community discussions and unique online news.
Processing registration... Please wait.
This process can take up to a minute to complete.
A confirmation email has been sent to your email address - SUPPLIED GOES EMAIL HERE. Please click on the link in the email to verify your email address. You need to verify your email before you can log on to the CRN website or start posting comments on articles.
If you do not receive your confirmation email within the next few minutes, it may be because the email has been captured by a junk mail filter. Please ensure you add the domain '@crn.com.au' to your white-listed senders.