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Brocade Communications Systems Incorporated

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  • Cisco Systems to cut 6,000 jobs

    SAN JOSE, Calif. In what has become almost an annual ritual, computer networking and communications colossus Cisco Systems on Wednesday said it is laying off thousands of employees as it struggles with sluggish sales and a range of fierce competitors.
  • Karatz probation sentence the latest setback for prosecutors in backdating cases

    The probation sentence handed down to former KB Home chief Bruce Karatz on Wednesday was the latest in a string of disappointments in the Justice Department’s crackdown on stock options backdating. The criminal investigations began in 2005, following...