From Wire Reports
SAN JOSE, Calif. – Cisco Systems is planning more changes.
The company said Thursday that it will continue to focus on streamlining operations following several challenging quarters.
It now says it wants to focus on five priorities: core routing, switching and services; collaboration; data center virtualization; architectures and video.
The company did not say if it is cutting any jobs.
Cisco is organizing its worldwide field operations into three geographic regions. Its services business will organize around key customer segments and delivery models.
The networking giant last month killed off its Flip Video camcorder business as it works to narrow its focus amid growing competition.
Cisco says the changes will take place over the next 120 days.
Company shares rose 17 cents to $17.64 in morning trading.
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