Leading maker of networking
products and servers.
170 West Tasman Dr.
San Jose, CA 95134
CEO: John Chambers
Stock Symbol: CSCO
Cisco Systems is the world's leading networking company and makes
the plumbing that powers the Internet. Networks are an essential
part of business, education, government and home communications,
and Cisco Internet Protocol-based (IP) networking solutions are
the foundation of these networks.
It's the leading producers of hubs, routers and switches for networks and data systems.
Cisco has grown significantly via acquisitions.
The company has acquired over 40 smaller technology companies
over the past decade.
In fiscal 2014, Cisco reported revenues of $47.1 billion, down 3% from the previous year, and net income of $7.9 billion.
Cisco announced in August it would cut 6,000 jobs within the company due to lower sales in international markets.
Cisco was founded in 1984 by a small group
of computer scientists from Stanford University. Since the company's
inception, Cisco engineers have been leaders in the development
of Internet Protocol (IP)-based networking technologies. The
company takes its name from the city of San Francisco.
The company was incorporated on December
In February 2006, Cisco completed the acquisition
of Scientific Atlanta of Lawrenceville, GA, a leading global
provider of cable and IPTV set-tops, data and voice cable modems,
end-to-end video distribution networks, and video systems integration
In 2007, Cisco acquired WebEx, a company
specializing in online video conferencing, for $3.2 billion.
Cisco was added to the Dow Jones Industrial Average Index in June 2009.
Cisco shut its Flip Video camera division in 2011.
Cisco sold its home networking division under the Linksys name to Belkin in 2013.
Cisco offers employees base salary, bonus
plan and stock option incentives. Other benefits include:
- Medical, Dental, and Vision Coverage- Employees have their choice of health care providers.
Coverage is available for employees and their dependents.
- Life Insurance- Employees may elect to purchase coverage
in amounts from 1 to 5 times annual salary.
- Business Travel Accident Insurance- Cisco Systems' BTA
policy provides a additional life insurance and accidental dismemberment
- Disability Insurance- Both short-term and long-term
disability insurance plans are available should an employee become
unable to work for extended periods of time.
- 401K Savings Plan- Cisco employees may contribute from
1% to 15% of their compensation on a pre-tax basis to our 401k
- Employee Stock Purchase Plan- This plan provides employees
with the opportunity to acquire a stock ownership interest in
- Employee Assistance Program- Cisco's Employee Assistance
Program (EAP) is a confidential, voluntary program designed to
help resolve personal problems. Information, consultation, and
brief, solution-oriented therapy are provided by professionals
at Personal Performance Consultants, Inc.
- Tuition Reimbursement- Cisco has a Tuition Reimbursement
Program which reimburses its employees for 100% of the cost of
tuition, books and lab fees for courses taken at an accredited
institution (up to an annual maximum of $7,500).
- 20 days Paid-Time-Off per year- Cisco Systems provides
regular full-time employees 20 days (160) hours of paid time
away from work each year for outside activities, vacations, illness,
personal business, etc.
- Holiday Observances- Cisco observes 9 holidays per year.
The holidays typically include: New Year's Day, President's Day,
Memorial Day, Independence Day, Labor Day, Thanksgiving Day,
Christmas Day, plus one "floating holiday".
- On-site Employee Training Courses- Cisco provides a
broad variety of technical and job-related courses to support
personal and professional growth.
Updated August 14, 2014