Cisco will reduce costs by laying off employees

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• Cisco will reduce costs by laying off employees
• Cisco CTO Warrior: We needed better accountability
• Cisco will be leaner, faster, more attentive, Chambers pledges
• French three strikes law: 470,878 warnings, no lawsuits yet
• Is your company ready for legal holds and compliance with mobility and the cloud?
• Consumer device use grows, but IT and security can't keep up
• Booz Allen confirms its systems were hacked
• Microsoft patches 'sexy' Bluetooth bug in Vista, Windows 7
• Cyberwar and cyber-isolationism
• Cisco injects new life into Catalyst 6500 switch

Cisco will reduce costs by laying off employees Posted: 13 Jul 2011 10:58 PM PDT Cisco has announced that they will lay off around 10,000 employees in an effort to reduce costs and regain profitability. 7,000 positions will be cut and 3,000 people will receive early retirement under this initiative. Some reports say that Cisco is thinking to sell off its Linksys Home Router business unit, while it has already shut the Flip camera unit. With the above changes, Cisco is expecting to save around 1 billion dollars in 2012. The company is focusing more on the routing and switching business, something which has been its core business since the company's starting days. In this market however, Cisco lost market share by 6.4% (now it has 54.2% of the total market) with rivals like Juniper and Alcatel-Lucent gaining ground. This has been alarming for Cisco which is trying hard now to regain the lost market, especially in the Enterprise and Service Provider routing and switching business.

Cisco CTO Warrior: We needed better accountability Posted: 13 Jul 2011 07:18 AM PDT Cisco's massive user show, Cisco Live, is going on this week in Las Vegas. Padmasree Warrior, Cisco's senior vice president of engineering and CTO sat down with Cisco Subnet editor and blogger Julie Bort. They discussed Cisco's progress since Warrior took the helm as CTO, the reorganization of Cisco's engineering groups, Catalyst vs. Nexus, the so-called Cisco "tax" (its prices vs. the competition), network virtualization, Cisco's toe dipping into the brave new world of open source and the future careers of the Cisco CCIE faithful. What follows is an edited transcript of the interview.

Cisco will be leaner, faster, more attentive, Chambers pledges Posted: 13 Jul 2011 04:57 AM PDT Cisco CEO John Chambers briefly addressed the company's current challenges, restructuring and imminent layoffs during his keynote address at this week's Cisco Live customer conference.

French three strikes law: 470,878 warnings, no lawsuits yet Posted: 13 Jul 2011 07:40 AM PDT France's High Authority for the Distribution of Works and the Protection of Rights on the Internet (Hadopi) has prosecuted no one for illegal file sharing in the nine months since it began operating under a so-called "three strikes" copyright enforcement law.

Is your company ready for legal holds and compliance with mobility and the cloud? Posted: 13 Jul 2011 09:00 AM PDT It has not been too long since Google lost millions of e-mails and struggled to get most (!) of them back for customers. Amazon recently had cloud issues where they were not able to restore all the data their cloud customers had placed on their servers.

Consumer device use grows, but IT and security can't keep up Posted: 12 Jul 2011 02:44 AM PDT IT and security managers are slowly embracing the growing number of consumer devices, such as iPhones and iPads, that are being used by workers within their organizations, but many enterprises are still overwhelmed by the need to mitigate risk and support the devices. That is the finding of new research released Tuesday by Unisys Corporation. The study was conducted for Unisys by International Data Corp.

Booz Allen confirms its systems were hacked Posted: 12 Jul 2011 01:56 AM PDT Booz Allen Hamilton on Tuesday confirmed that its network was hacked but suggested the break-in was more limited than attackers have described.

Microsoft patches 'sexy' Bluetooth bug in Vista, Windows 7 Posted: 12 Jul 2011 12:18 AM PDT Microsoft today patched 22 vulnerabilities in Windows and Office, including a bug in the Bluetooth technology within Vista and Windows 7 that could be used to hijack a nearby PC.

Cyberwar and cyber-isolationism Posted: 12 Jul 2011 07:25 AM PDT There has been a bit of a splash in the press the last few days about a mention by former CIA Director Michael Hayden of the idea of creating new, extra secure internets for government or commerce.

Cisco injects new life into Catalyst 6500 switch Posted: 12 Jul 2011 08:52 AM PDT Cisco Tuesday took dead aim at HP and its own shrinking profit margins by introducing a major refresh to its venerable Catalyst 6500 Ethernet switching platform.

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