Cisco starts serving notices to ME employees

Vendor remains mum on the exact number of employees affected in the region

Tags: Cisco Systems IncorporatedVirtualisation
  • E-Mail
Cisco starts serving notices to ME employees Cisco plans to reduce 9% of its total workforce by the end of its fiscal 2012.
By  Manda Banda Published  September 11, 2011

Networking mainstay Cisco has started the process of serving notices to employees affected by the workforce reduction plan in the Middle East and other select countries, a company spokesperson at the vendor's Dubai office has told Channel Middle East.

It is still unclear how many employees will be affected from Cisco's Middle East operations, but the company has stated that the process will take longer because it has to comply with local laws and regulations.

The latest move follows Cisco's earlier announcement that it was cutting 6,500 employees from its global workforce as part of a stated plan to remove $1 billion in expenses by the end of its fiscal 2012.

The spokesperson said Cisco has strategically reviewed and determined where it needed to focus its workforce in support of the company's priority areas, retaining the capabilities and talents to effectively support its long-term strategy in the Middle East region. "We have started the process of notifying employees affected by the workforce reduction in the US, Canada, Middle East and other select countries. This process takes time as we have to work in compliance with local laws and regulations," he said.

He said Cisco will in the Middle East streamline its sales, services and engineering organisations as it focuses on the five areas driving the growth of networks and the Internet which include: core routing; switching; and services, collaboration, data centre virtualisation and cloud, video and architectures for business transformation. "These changes are in line with Cisco's main mission to improve the customer, partner and employee experience and to simplify its operating model and create greater focus on the five priority areas," he said.

He added that the company's goal is to drive customer and partner success by making it easier to do business with Cisco. "The restructuring represents major advancements in our quest to make Cisco easier to do business with for both our customer and channel partners in the region," he said.

The deadline for participants in Cisco's early retirement programme was 8th July 2011. The company first mentioned a plan to cut $1 billion in expenses during its Q3 earnings call in May, following several successive disappointing earnings reports.

2167 days ago
James Batt

Cutting 6,500 jobs to save 1bn $,,, if we divided the 1bn $ into the 6,500 it means every one is taking 12K USD a month,, giving such salaries is the main problem even if you are hiring people holding Phd.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code