Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with ...

Cisco Layoffs In 2024 In February, Cisco announced that it would conduct a companywide layoff round that would impact about 5 percent of its workforce, totaling about 4,250 employees.

Cisco has been putting artificial intelligence into network management and customer support systems, Forbes reported. Meanwhile, Intuit announced layoffs of 1,800 workers in July last year as part ...