Cisco to Cut 1,300 Jobs in Drive to Reduce Costs

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

Will Apple Become a Services Company?
56:50 - Richard Kramer, senior analyst at Arete Research, discusses earnings from Apple and future trajectory for the company. He speaks with Guy Johnson and Caroline Hyde on “Bloomberg Markets: European Open.” (Source: Bloomberg)
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