Cisco slashing up to 6,000 jobs

	Cisco Q4 revenue, profit flat in 'tough environment' | Enterprise Organizations Need Formal Incident Response Programs
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	Cisco slashing up to 6,000 jobs Cisco Systems will cut as many as 6,000 jobs over the next 12 months, saying it needs to shift resources to growing businesses such as cloud, software and security.The move will be a reorganization rather than a net reduction, the company said. It needs to cut jobs because the product categories where it sees the strongest growth, such as security, require special skills, so it needs to make room for workers in those areas, it said.“If we don’t have the courage to change, if we don’t lead the change, we will be left behind,” Chairman and CEO John Chambers said on a conference call.Cisco has about 74,000 employees, so the cuts will affect about 8 percent of its staff. It will take charges of about US$700 million for the cost of the reorganization, up to half of that in the current quarter, Chief Financial Officer Frank Calderoni said.To read this article in full or to leave a comment, please click here Read More WHITE PAPER: Riverbed Technology Network Monitoring and Troubleshooting for Dummies The Network Monitoring and Troubleshooting for Dummies Book introduces you to common network performance management (NPM) issues and give you a new way of looking at solving them. This perspective allows you to see your network from your users' point of view, namely, the services and applications they use and their experience with them. Learn More In this Issue Cisco Q4 revenue, profit flat in 'tough environment' Enterprise Organizations Need Formal Incident Response Programs DARPA contemplates vast ocean network Internet outages expected to abate as routers are modified, rebooted Gartner: Internet of Things has reached hype peak 2014's Hottest IT Certification WEBCAST: IBM Leveraging Software-Defined Flash to Drive Your Business With end-to-end, tightly integrated functionality and super-fast flash technology, products like IBM FlashSystem V840 Enterprise Performance Solution empower businesses to leverage the efficiency of SDS and the speed of flash storage all at once. Learn More Cisco Q4 revenue, profit flat in 'tough environment' Cisco Systems posted fiscal fourth-quarter revenue and earnings that were roughly flat from a year earlier as the company works through what Chairman and CEO John Chambers called “a tough environment.”The dominant networking company brought in US$12.4 billion in revenue for the quarter ended July 26, equal to the figure it logged in last year’s fourth quarter. Its net income dipped slightly, to $2.2 billion from $2.3 billion a year earlier, but earnings per share were up by $.01, reaching $0.43 per share.Cisco’s revenue surpassed the consensus forecast of $12.14 billion from analysts surveyed by Thomson Reuters. Its earnings, excluding certain one-time items, matched the analysts’ expectations.To read this article in full or to leave a comment, please click here Read More Enterprise Organizations Need Formal Incident Response Programs PCI and other regulations will drive this behavior, but CIOs/CISOs need to build an incident response program with the same focus, discipline, and rigor as BC/DR Read More WHITE PAPER: Extreme Networks IdentiFi Brochure IdentiFi Wireless is proven to be the most scalable Wireless solution on the market. This didn't happen overnight; IdentiFi Wireless technology has grown and evolved for over a decade with an extensive and diversified customer base. Learn more about the entire IdentiFi Wireless Solution. Learn more DARPA contemplates vast ocean network Probably one of the last and perhaps unforgiving areas of the world not truly “wired” is above and below the ocean.Researchers at the Defense Advanced Research Projects Agency (DARPA) want to explore the possibility of seriously changing that notion and develop what it calls “a system-of-systems architecture and critical components to support networked maritime operations, to include undersea, surface, and above surface domains.”At this point it is only issuing a Request For Information to understand what would be involved in building such a system.To read this article in full or to leave a comment, please click here Read More Internet outages expected to abate as routers are modified, rebooted A flurry of updates to internal router databases caused many pieces of equipment to choke Read More WHITE PAPER: Motorola Solutions Inc. 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That's why knowing what is "hot" with employers is important when considering your professional development.To read this article in full or to leave a comment, please click here Read More
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