Cisco

Cisco Systems headquarters in San Jose. (AP)

Cisco 4th Quarter Earnings Beat Projections

SAN JOSE (CBS/AP) – Cisco Systems may have provided the battered stock market with some balm. The world’s largest maker of computer-networking equipment fared better than analysts anticipated in its latest quarter. The technology bellwether’s […]

CBS San Francisco–08/10/2011

Cisco Systems headquarters in San Jose. (AP)

Tech Talent In Demand In Silicon Valley Despite Cisco Layoffs

Even as one of the largest employers in Silicon Valley announced plans to cut thousands of jobs, Silicon Valley employers have reported a growing demand for highly skilled tech workers.

CBS San Francisco–07/19/2011

Cisco Systems logo on display during a press event at the 2010 International Consumer Electronics Show at the Venetian January 6, 2010 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

Cisco Systems To Cut 6,500 Workers

Networking equipment maker Cisco Systems Inc. is cutting 6,500 employees—about 9 percent of its work force — as it follows up on a plan announced in May to eliminate thousands of jobs in an effort to cut costs and raise profits.

CBS San Francisco–07/18/2011

hp cisco logos

Silicon Valley Companies Negotiate With China For Massive Surveillance Project

Cisco and Hewlett Packard are in negotiations with the Chinese government to supply cameras for a surveillance project that has human-rights advocates on alarm.

CONNECT WITH KCBS–07/05/2011

Cisco Systems logo on display during a press event at the 2010 International Consumer Electronics Show at the Venetian January 6, 2010 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

Cisco Sued For Helping China Build ‘Great Firewall’

A group of Falun Gong practitioners alleges that Cisco provided networking gear and technical assistance to build and operate an elaborate system of Internet controls used by the Chinese government.

CBS San Francisco–05/23/2011

Cisco Systems headquarters in San Jose. (AP)

Cisco Earnings Down 18 Percent In 3Q

Cisco Systems Inc., the world’s largest maker of computer networking gear, said Wednesday that it’s set to eliminate thousands of jobs as part of cost-cutting moves to get profits growing again.

CBS San Francisco–05/11/2011

Cisco Systems logo on display during a press event at the 2010 International Consumer Electronics Show at the Venetian January 6, 2010 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

Cisco To Streamline Its Business Structure

Cisco is planning more changes as it continues to focus on streamlining operations following several challenging quarters.

CBS San Francisco–05/05/2011

Cisco Flip Video camera

Cisco Drops Flip Cam, Cuts 550 Jobs

Cisco Systems Inc. announced Tuesday that it was exiting several consumer businesses, including most notably its Flip Video camera business, and laying off 550 employees.

CBS San Francisco–04/12/2011

Cisco Systems logo on display during a press event at the 2010 International Consumer Electronics Show at the Venetian January 6, 2010 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

Cisco’s CEO Vows ‘Bold Changes’ As Investors Worry

Cisco Systems Inc. CEO John Chambers is calling his company’s recent missteps “unacceptable” and is vowing to take “bold steps” to narrow Cisco’s focus.

CBS San Francisco–04/06/2011

Cisco Systems headquarters in San Jose. (AP)

Cisco Announces First-Ever Cash Dividend

Cisco reported its first-ever cash dividend will amount to 6 cents per share and will be paid on April 20.

CBS San Francisco–03/18/2011

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