Cisco mum on job cuts in SA

Network equipment maker Cisco Systems said on Monday (23 July 2012) that it plans to cut about 1,300 jobs as part of ongoing efforts to restructure the company, but would not say if employees in South Africa would be affected.

“We routinely review our business to determine where we need to align investment based on growth opportunities. Additionally, we continue to evaluate our organisational structure as part of our plan to drive simplicity, speed of decisions and agility across Cisco,” it said.

“As we focus on both of these efforts, we are performing a focused set of limited restructurings that will collectively impact approximately 2% of our global employee population.”

When queried on whether these cuts would affect Cisco’s employees in South Africa, the company made it clear that cuts would be applied “globally”, and alluded to the fact that South Africa was not exempt from the impact.

“These actions, subject to local legal requirements, including consultation where required, are part of a continuous process of simplifying the company, as well as assessing the economic environment in certain parts of the world,” Cisco told BusinessTech.

Cisco said that it does not disclose exact numbers of employees for any specific country or market, but has 65,335 employees, globally.

Cisco has operations in South Africa, with offices in Johannesburg, Cape Town and Pretoria. Cisco announced in March that Alpheus Mangale has been appointed to take over the role of managing director for its South African operations after current MD, David Meads, leaves in July 2012.

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Cisco mum on job cuts in SA