Cisco CEO: 40 percent of businesses will fail in next 10 years

Wednesday, June 10, 2015 - 13:00 in Mathematics & Economics

More than a third of all companies will be out of business in the next 10 years, according to the outgoing CEO of Cisco, John Chambers. CBS News business analyst Jill Schlesinger joins CBSN with more on what companies need to do to survive.

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