Cisco Job Cuts a Needed Unwinding: Kedrosky

Aug. 15 (Bloomberg) -- Bloomberg Contributing Editor Paul Kedrosky examines Cisco's announcement of 4,000 job cuts and how smaller, leaner companies are impacting their business and forcing changes. He speaks on Bloomberg Television's "Bloomberg Surveillance."
Baidu Plunges Most Since 2008 After Outlook Falls Short
27:36 - Bloomberg's Julie Hyman updates the latest markets news. She reports on "Bloomberg Markets." (Source: Bloomberg)
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