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Cisco Cost-Cutting Leads To 4 Day Closedown

Posted in Tech by Neil Koster on November 25, 2008

cisco

Networking giant Cisco is going to shut its doors for 4 days before the end of the year in an effort to cut costs. This, along with a number of internal audits is hoped to be able to save up to $1 billion. It is the first time in Cisco’s history that i the company will close it’s doors and even though it is just a temporary measure one has got ask what exactly is going on. The Credit Crunch is obviously starting to worry a lot of big tech companies.

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