Sword Of The Lord With Electronic Edge

Tuesday, July 12, 2011

Spin This: Cisco To Fire 10,000 | zero hedge

Spin This: Cisco To Fire 10,000 | zero hedge: "A year after the outgoing secretary of the treasury top ticked the economy and ushered in QE 2 with his abysmal NYT op-ed 'Welcome to the Recovery' it is only appropriate that we get news that Cisco is preparing to fire 10,000, or 14% of its entire workforce, over and above the number of people that the company said was going to be let go in May. 'The cuts include as many as 7,000 jobs that would be eliminated by the end of August"

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