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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (49706)	3/9/2001 3:10:57 PM
From: Rob C.	Respond to of 77397

*DJ Cisco Job Cuts To Include Full-Time Workers 09 Mar 14:56 (MORE) DOW JONES NEWS 03-09-01 02:56 PM

To: SouthFloridaGuy who wrote (49706)	3/9/2001 3:12:53 PM
From: Rob C.	Respond to of 77397

=DJ Cisco/Job Cuts 2: Cisco Has 43,000 Employees 09 Mar 15:10 By Peter Loftus Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Cisco Systems Inc. (CSCO) is expected to announce a work force reduction Friday afternoon, a person familiar with the matter told Dow Jones Newswires. The job cuts will include the elimination of full-time positions, and the company will scale back its hiring of temporary workers and consultants. Earlier, Cisco said it was going forward with its usual process of shedding the "bottom 5%" of its work force through "normal involuntary attrition." Cisco had 43,061 employees as of the end of its second fiscal quarter in late January. -By Peter Loftus, Dow Jones Newswires; 201-938-5267; peter.loftus@dowjones.com (END) DOW JONES NEWS 03-09-01 03:10 PM