Globes Reports Cisco to Fire Hundreds of Employees in Israel
Cisco (NASDAQ: CSCO) is will fire hundreds of its 1,800 employees in Israel, according to a report from Globes. Many of those employees are from Cisco's 2012 acquisition of NDS.
The move is part of the company's worldwide streamlining of operations.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.