Thursday 14 July 2011

Layoffs, New Products May Lead to Slower Growth for Cisco: Strategist

As Cisco slashes its workforce and ramps up its new product lines to keep up with new technologies, it will face initially low margins and slower growth rates, and increased competition, Alkesh Shah of Evercore Partners told CNBC. "The numbers that we've heard of a 7,000 to 10,000 head count ...

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