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As technology shifts more layoffs loom at tech companies

August 18, 2016 by · Leave a Comment 

By Malathi Nayak and Deborah M. Todd NEW YORK (Reuters) – Cisco Systems Inc's announcement on Wednesday that it plans to lay off 5,500 employees is unlikely to be the last round of Silicon Valley pink slips as hardware companies struggle to keep up with rapid technology shifts, analysts and recruiters said. The…

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As technology shifts more layoffs loom at tech companies

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