Cisco, a San Jose tech stalwart, said Wednesday it is eyeing terminations and severances to help “rebalance” its workforce.
SAN JOSE — Cisco, a San Jose tech stalwart, revealed Wednesday it is eyeing terminations and severances to help “rebalance” its workforce, a potentially wrenching plan that includes shedding real estate.
“Cisco announced a restructuring plan in order to rebalance the organization and enable further investment in key priority areas,” the company stated in the SEC filing. “This rebalancing will include talent movement options and restructuring.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Matt Mahan wins San Jose mayoral race after Cindy Chavez concedesSan Jose City Councilmember Matt Mahan is set to become the next mayor of San Jose after Santa Clara County Supervisor Cindy Chavez conceded that she lost the election on Wednesday.
Read more »
San Jose Artist Donates $20K From Sale of Art to Help Refugees, Like He Once WasTrieu Dao fled Vietnam with his wife and two small children looking for a better life for them. He found it in San Jose. Forever grateful, Dao is determined to give back. Garvin Thomas reports.
Read more »
Cindy Chavez Concedes to Matt Mahan in Race for San Jose MayorBREAKING: Santa Clara County Supervisor Cindy Chavez concedes to San Jose City Councilman Matt Mahan in the race to be San Jose’s next mayor.
Read more »
Chavez concedes San Jose mayor’s race to MahanChavez said she called Matt Mahan to “wish him the best of luck in his two-year term as mayor.”
Read more »
Election: Cindy Chavez concedes to Matt Mahan in tight San Jose mayoral raceBREAKING: After over a week of ballot counting, Santa Clara County Supervisor Cindy Chavez has conceded to San Jose City Councilman Matt Mahan in the tight race for San Jose mayor.
Read more »
San Jose State University announces new presidentThe new president, who starts in January, will be the third woman to hold the permanent post at the oldest California State University campus.
Read more »