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Cisco to cut 5,500 jobs in shift from switches to software

The gradual move to fast-growing sectors such as security, the Internet of Things and the cloud is a response to sluggish demand for Cisco's traditional lineup of switches and routers from telecom carriers and enterprise customers, amid intense competition from companies such as Huawei and Juniper Networks Inc.

first published: Aug 18, 2016 10:48 am

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