Cisco to hire new employees in the coming months

February 4, 2010 12:00:00 AM PST
Cisco has announced plans to hire 2,000 to 3,000 new employees in the coming months.

The announcement came as the San Jose tech giant announced that their profits rise 23 percent in the last quarter, when compared with a year ago.

They also say sales increased by 8 percent. Those results far exceeded the company's own forecast and analysts' expectations.

Cisco is the world's largest seller of computer networking equipment.

Analysts say ciscoes earnings are the latest sign that the economy is improving and tech companies are beginning to invest in big projects again.


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