Cisco Systems has canceled its annual Global Sales Meeting. The gathering was scheduled August 18-31, 2009, in San Francisco, and was expected to bring together thousands of Cisco’s internal salespeople. The decision appears to part of a companywide effort to reduce expenses. In the aftermath of the cancellation, Cisco released a statement referencing its recent quarterly earnings call in which Cisco Chairman and CEO John Chambers said the company planned to reduce fiscal year 2009 expenses ...

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