3. Pepsi

7.  Axing 8,700 jobs.

8.  Like many companies of all stripes, Pepsi is
facing higher costs for materials it uses to
make, package and transport its products,
including sugar, corn and aluminum.
 Pepsi and many other food and beverage
makers raised prices last year to offset the
higher costs.

9.  But consumers are still cautious about
spending in the uncertain economy, so
some companies are moving on to Plan
B: cost cutting.
 Pepsi rival Coca-Cola Co. announced its
own cost-cutting

10.  The article reports on the plans of
PepsiCo Inc. to reduce its manpower.
 The company announces that it will cut
3,300 jobs and will be closing six plants.

11.  These business changes are brought by
the condition of U.S. drinks sales and a
surging dollar, which will eventually
affecting its international business.

16. Approximately 3000 employees (74
employees per store)

17. Staples was losing their business to
online office suppliers
The sales have fallen drastically
They are downsizing to turn up their
online business by 90%

18. Employees now become jobless
Staples is trying to relocate in North
America to cover the loss
Increase in investment in online
business

23. Approximately 6500 employees
worldwide (about nine percent of its
full-time staff)

24. The layoffs come as Cisco anticipates a rocky
economic environment and seeks to ensure its
expenses remain in line with its revenues, said
John Chambers, Cisco CEO.
Cisco's revenue guidance for the current quarter
was weaker than Wall Street expected, and
shares fell sharply in extended trading.

25. The company's stock fell $2.51, or 9.5
percent, to $23.87 in extended trading after
the results were released. The stock closed
up 6 cents at $26.38.
Cisco's product orders declined 3 percent
due to economic challenges.

26. But there's a broader impact expected from
the Cisco layoffs, the company's most
significant since the 6500, positions
eliminated in 2001 after the dot-com bubble
- Cisco wants to lose an image of being a
tough vendor to work with.

27. Videoscape will be introduced by Cisco at
the Consumer Electronics Show. It
utilizes cloud computing, IP networking and
client devices and software to deliver
Internet-based video

28. Competitors are focused on making it
easy for Cisco customers to do
business with them.