Cisco Systems gives $50M to combat California homelessness
March 25, 2018
SAN FRANCISCO (AP) — Internet gear maker Cisco Systems Inc. announced Monday that it will donate $50 million over five years to address the growing problem of homelessness in California's Santa Clara County and is encouraging other Silicon Valley companies to make similar efforts.
In a blog post, Chief Executive Chuck Robbins said people in the San Francisco Bay Area know homelessness has reached a crisis level, costing the county where many tech companies are based $520 million per year.
"Though homelessness seems intractable, I believe that it is a solvable issue," Robbins wrote. "I als...
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