Cisco’s latest round of layoffs will impact approximately 4,150 employees, which is about 5% of its total workforce. As of July 2023, the company had around 83,000 employees worldwide.

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 Systems, one of the largest makers of computer networking equipment, said on Wednesday that it would cut 7 percent of its work force in its second major round of layoffs this year.

Cisco Systems announces another round of layoffs. Another round of layoffs is coming to Silicon Valley's Cisco Systems. The San Jose company says it's planning to layoff 7% of its global workforce ...

Cisco says third recent round of layoffs will be its largest as RTP employer shifts focus By Brian Gordon. Updated August 14, 2024 9:54 PM.

Cisco's executives made tens of ... Cisco employees said that the company refused to say who was affected by the layoffs until September 16. Cisco did not give a reason for the month-long delay ...

Cisco Systems is cutting roughly 7% of its workforce as it pivots to higher-growth areas like cybersecurity and AI, the company said in an SEC filing alongside its fiscal fourth-quarter results.

Earlier this month, Reuters reported that Cisco was planning a second round of layoffs this year, after letting go of around 4,000 workers in February. Cisco confirmed last week in a SEC filing ...

Cisco Systems stock rallied, after the networking-equipment company said it plans to cut its workforce by 7%, or about 6,000 people. Cisco unveiled the job cuts late Wednesday, citing a need to ...

Cisco layoffs hit California workers Sept. 20, 2024: Cisco’s rolling layoffs are taking a toll on workers in California. According to the state’s Worker Adjustment and Retraining Notification ...