Cisco Stock Biggest Dow Loser as Company Cuts 6,000 Jobs - Presented by: The Aol. On Network

Shares of Cisco tumbled on Thursday making it TheStreet's Move of the Day. The network equipment maker said during its earnings conference call that 2015 restructuring would impact 6,000 employees jobs, or about 8% of its workforce. The announcement comes as the company says it is forecasting little increase in sales.



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KMI $ 41.35 0.97 ▼ 2.29%
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PBR $ 9.72 0.88 ▼ 8.30%
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