Cisco (CSCO -1.7%) is laying off another 1,300 workers, or 2% of its workforce, Bloomberg...

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

Cisco (CSCO -1.7%) is laying off another 1,300 workers, or 2% of its workforce, Bloomberg reports. The layoffs follow last year's huge restructuring, in which Cisco slashed 6,500 jobs. Cisco critic Brad Reese passes on an unconfirmed rumor that the company's WAN optimization hardware team was hit - if true, that would be a positive for market leader Riverbed (RVBD -3.9%)