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.

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 ...

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 ...

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 ...

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 ...

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 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 ...

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 February layoffs of 4,200 worldwide included job cuts of 731 Cisco workers in the Bay Area, according to a WARN notice at that time. The February cutbacks affected workers in San Jose, ...

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 ...