Apple asks Workers to take Time Off

SFGate reports that Cisco Systems will close most of its US and Canadian offices for four days—Dec 29 through Jan 2— as part of a plan to cut $1 billion in costs in the current fiscal year. The company forecasts that sales will fall 5 to 10 percent in the current quarter as the credit crisis chokes off corporate sales.

Stronger still is HP's plan to close its offices for two weeks instead of the traditional one. Further, Apple and Adobe reportedly are also asking workers to take time off.