Peter Pham

Today in Tech: Cisco cutting 10,000 jobs?

July 12, 2011: 9:22 AM ET

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"In a year, we've gone from very small to ... very small." -- Steve Ballmer, Microsoft CEO, on Windows Phone 7's market share (PC World)

* Cisco could cut as many as 10,000 jobs, or roughly 14% of its overall workforce, to keep profits up: 7,000 jobs would go by the end of August, with another 3,000 staffers receiving early-retirement packages for accepting buyout offers. (Bloomberg Businessweek)

* Google's social network, Google +, could pass 10 million users tomorrow, a 30% jump compared with last week. (Remember: it's still less than a month old.) (Paul Allen / Google)

* Reuters reports that Apple chief patent counsel Richard "Chip" Lutton Junior is leaving the company for unspecified reasons. Former deputy general counsel BJ Watrous is now listed on LinkedIn as having the job. (Reuters) More

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