BusinessBorders, Cisco Cutting as Many Jobs as the Economy Added in June Derek ThompsonJuly 18, 2011 In June, the economy added only 18,000 jobs net. Today, Borders and Cisco announced they were cutting a combined 17,500 jobs. Uh oh. (h/t Maxwell Strachan)Recommended ReadingThe Difference Between First-Degree Racism and Third-Degree RacismJohn RiceI Got Fired Over ZoomDeborah CopakenSomething We Can All Agree On? Corporate Buzzwords Are the Worst.Kate Cray