Hot or Not?
R.I.P. Flip Cam
This sure was a surprise. I thought they were doing well.
Cisco has flipped the switch on Flip.
As part of Cisco's plan to restructure the company, it will shut down several of its businesses and let go of 550 employees, according to a release.
In what it is calling a "comprehensive plan to align its operations," Cisco will close down certain parts of its consumer business to refocus on four of its "key company priorities," core routing, switching and services, collaboration, architectures, and video. The news comes on the heels of CEO John Chambers' remarks that the company would be taking "bold steps" to reorganize business.
Read more here > http://www.huffingtonpost.com/.....47962.html