Job Market Monitor
Cisco
Cisco – To cut 6,000 jobs
Cisco will cut its worldwide staff by 6,000 in the coming months as it battles against slow growth, particularly in emerging markets, where the demand for high-end switches and routers don’t have such high demand. The company hasn’t revealed which roles will be affected, nor in which territories, but it says the action had to … Continue reading
Cisco / To create up to 1,700 jobs with Ontario Govt
Cisco and the Ontario government today announced an agreement that could see the networking company spend as much as $4 billion over the next 10 years to expand its operations in the province. Premier Kathleen Wynne and Nitin Kawale, president of Cisco’s Canadian unit, attended a news event Friday in Toronto to release details of the … Continue reading
Cisco – 1,300 jobs cut
Network equipment maker Cisco Systems said on Monday that it plans to cut about 1,300 jobs as part of ongoing efforts to restructure the company. “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 … Continue reading
Ireland | Cisco to create 115 jobs
Cisco is to invest €26 million in its research and development centre in Galway, creating 115 jobs. The investment, announced this morning by Taoiseach Enda Kenny, will be made over the next two years and is being supported by IDA Ireland. Mr Kenny described it as “most welcome news” for Ireland and the region. “The … Continue reading
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