The company’s plan to have senior vice presidents, vice presidents,
and directors, cutting across all corporate functions, in India is not
aimed at cutting costs, but at nurturing talent in India, said Wim
Elfrink, chief globalization officer for Cisco, who also heads the new
center.

This is really interesting. While some companies are cutting staff or just using India as a way to reduce cost, Cisco is investing in India big time and they understand the talent pool.

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