What Belt-Tightening? Cisco CEO Plans $1 Billion Budget Increase to Retain Employees - The Information

Cisco Systems CEO Chuck Robbins told managers earlier this month that the networking hardware pioneer would increase its operating expenses $1 billion over the next 12 months, in part to raise employee pay to stem a rise in departures, said a person with dire…

Cisco Systems CEO Chuck Robbins told managers earlier this month that the networking hardware pioneer would increase its operating expenses $1 billion over the next 12 months, in part to raise employ… [+1076 chars]

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