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Cisco sheds jobs as it 'realigns' business
Technology stalwart Cisco Systems has begun "realigning" its workforce and has confirmed that it has started laying off workers this week. The Wall Street Journal reported Thursday that Cisco, which sells Internet gear to communications service providers and large companies, has laid off about 250 employees at its headquarters in ...
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Related: wall street journal online
TSMC exec: Chip industry to recover in 3 yearsCNET News - Business Tech
Things are gloomy all around, the global chip industry included. And as much pounding as the semiconductor market has taken, it hasn't hit bottom. The good news? It's "pretty close," Morris Chang, chairman of Taiwan Semiconductor Manufacturing Co., ...