Cisco reportedly cutting 14,000 jobs globally

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Silicon Valley tech giant Cisco (Nasdaq: CSCO) may be cutting upwards of 14,000 jobs across its worldwide workforce, or 20 percent of its headcount. That’s according to multiple media reports stemming from a CRN article that cites “multiple sources close to the company.” Cisco (NASDAQ: CSCO) could not be reached early Wednesday. The last time Cisco announced plans for massive cuts across the company was August 2014 – a move that affected 6,000 employees. Reportedly, Cisco will announce…