High Definition, Fully Immersive Cisco TelePresence Technology Expands Access to Leaders Including Live Streaming of U.S. Secretary of State Hillary Clinton-s Keynote Speech
SAN JOSE, CA — (Marketwire) — 07/18/11 — Cisco (NASDAQ: CSCO) today announced additional details of its comprehensive action plan to simplify the organization, refine operations, and reduce annual operating expenses.As part of the company-s $1 billion annual operating expense reduction, Cisco will reduce its global workforce across all functions by approximately 6,500 employees, which includes approximately 2,100 employees who elected to participate in a voluntary early retirement program.
SAN JOSE, CA and NEW TAIPEI CITY, TAIWAN — (Marketwire) — 07/18/11 — Cisco (NASDAQ: CSCO), the worldwide leader in networking, announced today an agreement with Foxconn Technology Group, the world-s leading electronics manufacturer, for the sale of its manufacturing facility in Juarez, Mexico. The agreement is another step in Cisco-s efforts to streamline operations and supports Foxconn-s commitment to co-locate with customers in order to better meet their end-market needs. The companies wi