news
11-28-08, 10:40 AM
Cisco is reportedly shutting down during the year-end holiday season to save money, the first time it has done so in its history.A bulletin issued this week by investment firm UBS states that Cisco plans to close for four days as part of its US$$1 billion savings plan for fiscal 2009, which was disclosed during its Nov. 5 earnings call. Cisco is looking to shave that amount from expenses in an effort to meet its internal budget.Sources say Cisco plans to shutter facilities the week between Christmas and ...
More... (http://www.speedguide.net/read_news.php?id=2730)
More... (http://www.speedguide.net/read_news.php?id=2730)