Source: Cisco CEO told staff that the company will increase operating expenses by $1B over the next year, in part to raise pay and stop employee departures (Aaron Holmes/The Information)

Aaron Holmes / The Information:
Source: Cisco CEO told staff that the company will increase operating expenses by $1B over the next year, in part to raise pay and stop employee departures  —  Cisco Systems CEO Chuck Robbins told managers earlier this month that the networking hardware pioneer would increase …

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