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Mass Layoffs To Meet Opportunities. Cisco confirmed massive layoffs Wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion and affect upwards of ...
Networking giant Cisco Systems is laying off staff again, employees reported on social media this week. While the employees saw this as a fresh round of layoffs, Cisco said it was just enacting ...
Cisco layoffs loom as well as a reduction in the company’s real estate footprint as Cisco seeks to “right size” some of its business units, including Cisco Collaboration, Cisco’s CEO and ...
The tech industry is undergoing one of its most turbulent years in recent memory. Just halfway through 2025, more than ...
San Jose-based Cisco is laying off thousands of workers for the second time this year; the company’s 2024 fiscal year wrapped up with $10.3 billion in profit. It also just turned a massive ...
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 ...
More tech layoffs could be seen should Cisco continue disclosing plans for staffing reductions. In addition, on Aug. 1, Intel disclosed its intention to conduct massive layoffs that would ...
The layoffs, Cisco told The Wall Street Journal on Thursday, are “part of an ongoing process of aligning our investments and resources to meet the evolving needs of our customers and partners.” ...
Cisco Layoffs to Affect Over 4,000 Employees. Efficiency is everything these days, and tech companies everywhere that arguably got bloated during the post-pandemic hiring spree are clearly pulling ...