Workforce reductions can be unpleasant, but apparently the management at Cisco Systems (NASDAQ:CSCO) deems them necessary.Networking-infrastructure specialist Cisco is implementing what CFO Scott Herren politely calls a “rebalance across the board.” That “rebalance” involves employee layoffs that could impact up to 5% of the company’s workforce.CEO Chuck Robbins had his own polite way of referring to the Cisco layoffs, saying the cuts were “right-sizing certain businesses.” Along with the headcount reduction, this “right-sizing” will include shutting down some office facilities that have been “unused or under-utilized.”“We have a ton of small leased offices around the world that we don’t need anymore,” Herren explained.Thus, Cisco will have fewer buildings and people.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines."