Publication Date:
Wed, 2011-04-06 20:44
A memo to employees that Cisco posted on its corporate blog suggests that major changes are coming for the world’s biggest maker of computer-networking gear, but it was short on specifics.
The San Jose, California, company is under pressure after posting three worrisome quarterly reports that raised fears about Cisco’s heavy reliance on weakened state and local governments and its overall place in a shifting networking market. Analysts say it’s losing ground in some key markets.
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