Throw the Pink Slips Away, Cisco Plans to Hire Thousands of Workers

Paul Lilly

According to a Bloomberg report, networking specialist Cisco plans to hire about 3,000 workers globally. Cisco CEO John Chambers said the hiring will be divided into two periods.

If Cisco goes through with this, it means the company will be making good on Chamber's comments last month, in which the CEO said he plans to accelerate hiring, particularly in sales and new markets. Cisco already added 1,000 new employees in its third quarter, which ended at the beginning of May.

This also represents somewhat of a worker-rebound for Cisco, which slashed about 2,000 jobs at the end of fiscal 2009. At the time, Cisco also halted hiring, closed some offices, and cut back on travel expenses.

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