Reuters: Money News: Cisco cutting 4,000 jobs, CEO sees slow progress

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Cisco cutting 4,000 jobs, CEO sees slow progress Aug 15th 2013, 01:09 REUTERS - Network equipment maker Cisco Systems Inc is cutting 4,000 jobs, or 5 percent of its workforce, as it makes a fresh attempt to reduce costs and refocus on growth areas in the face of uncertain demand for its networking equipment.

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