UPDATE 1-Cisco to cut 5,500 jobs in shift away from switches, routers

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UPDATE 1-Cisco to cut 5,500 jobs in shift away from switches, routers

UPDATE 1-Cisco to cut 5,500 jobs in shift away from switches, routers
Aug 17 (Reuters) - Cisco Systems Inc said it wouldlay off up to 5,500 employees, or nearly 7 percent of itsworkforce, as the world's largest networking gear maker shiftsfocus to areas such as...

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