Cisco Trims Fat and Sets Shake-Up in Motion

Friday May 6th 2011 by Staff

The networking giant is streamlining its bureaucracy in an effort speed decision making.

Reuters: After announcing the sell-off of its Flip video camera business last month, Cisco CEO John Chambers is now announcing radical changes to the company's organizational structure. In an effort to speed decision making, the company will disband six of its nine "councils," as well as its emerging markets division.

The company did not announce any job cuts related to the organizational changes.

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