Get Tough
Cisco is in the midst of what will, after all is said and done, be its most dramatic restructuring in at least a decade. The company confirmed plans to lay off 6,500 full-time employees, which when combined with the 5,000 employees headed to Foxconn as part of a Cisco factory sale in Mexico, and the 550 employees who exited with Cisco's shuttering of the Flip video camera line, will make Cisco more than 12,000 employees lighter than it was a year ago.
At Cisco Live, Cisco Chairman and CEO John Chambers addressed Cisco partners and customers, and set the tone thus: "We will do whatever it takes to make you successful."
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