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Cisco’s latest round of layoffs will impact approximately 4,150 employees, which is about 5% of its total workforce. As of ...
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 ...
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 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 ...
Fresh waves of job cuts have surfaced at Cisco Systems, which will chop dozens more workers in San Jose as tech companies slash hundreds of positions in the latest round of staffing reductions.
SAN JOSE — Cisco Systems will slash thousands of workers worldwide, a fresh jolt to a shaky Bay Area economy and an unsettling reminder that the region’s tech layoffs have yet to run their course.
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 ...