Cisco Systems to cut 2% of its workforce

Cisco Systems, which employs 280 people in Ireland, plans to cut about 1,300 jobs, or 2 per cent of its workforce.

24th July, 2012

Cisco Systems, the biggest maker of computer-networking equipment, plans to cut about 1,300 jobs, or 2 per cent of its workforce, as Europe’s debt crisis and sluggish corporate spending threaten sales.

The company employs about 280 staff in Ireland. 180 of them are based in Oranmore, Co Galway and 100 of them are based at Eastpoint in Dublin. Cisco Systems announced plans to create 115 jobs at its plant in Oranmore when Taoiseach Enda Kenny...

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