- Tornado rips off roofs, downs trees near Boston
- GOP: Environmental rules keeping agents from accessing border
- John Kerry: Millions displaced by religious fighting in 2013
- Federal appeals court rules against Virginia’s gay marriage ban
- White House says Russia ‘losing’ war in Ukraine
- Hamas turns to North Korea for weapons deal, Iran for money
- Syrian casualties surge as jihadis consolidate
- U.N. rights chief: Flight MH17 downing possible war crime
- Attack on park in Gaza war kills 10, mostly children
- Calif. protesters to block Israel-owned ships at Port of Oakland
Cisco narrows focus with new business structure
Question of the Day
SAN JOSE, CALIF. (AP) - Cisco will undergo a number of structural changes following several challenging quarters as the networking behemoth attempts to become more efficient in bringing products to market.
Cisco Systems Inc., which last month killed off its Flip Video camcorder business, has tried to narrow its focus as competition intensifies. It said Thursday that it now wants to focus on five priorities: core routing, switching and services; collaboration; data center virtualization; architectures and video.
Last month, CEO John Chambers acknowledged criticism that the company has attempted to compete in too many areas. He sent employees a memo vowing to take “bold steps” to narrow the company’s focus.
Chambers warned of “tough decisions” ahead for the company.
Spokeswoman Kristin Carvell declined to comment Thursday on whether there would be layoffs or executive departures.
Cisco said it will organize worldwide field operations according to three geographic regions. Its services business will organize around key customer segments and delivery models.
The company is also streamlining its engineering organization and will now have three “councils,” which at Cisco have traditionally formed around each of the company’s top priorities. Those councils will focus on enterprise, service provider and emerging countries.
The changes will take place over the next 120 days, the company said.
Shares of San Jose, Calif., company rose 12 cents to $17.59.
TWT Video Picks
By Mark Davis
The nation founders, the Lone Star State thrives
- Hillary Clinton: Forget Obama, George W. Bush made her 'proud to be an American'
- Illegal immigrants demand representation in White House meetings
- D.C. police chief orders officers not to arrest legal gun owners carrying weapons in public
- Tennessee Gov. Haslam slams White House for secret dump of illegals in his state
- CURL: Obama, staffers not even pretending any more
- Babson College, BYU win top spots in Money magazine's college rankings
- D.C. seeks stay in order striking down ban on handguns in public
- Family of Marine killed in Afghanistan pushes back against cover-up
- NAPOLITANO: What if our democracy is a fraud?
- Washington Times strikes content and marketing partnership with Redskins
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq