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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 ...
Here’s more on the Cisco layoffs and AI and security opportunities ahead for the vendor and its partners. Cisco confirmed massive layoffs Wednesday with plans to cut about 7 percent of its ...
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 ...
Cutting costs through layoffs and then plowing cash into expensive technologies like artificial intelligence is a trend that’s emerged at some tech companies over the past two years.
By Eli Tan Reporting from San Francisco Cisco Systems, one of the largest ... 7 percent of its work force in its second major round of layoffs this year. The company did not say how many workers ...
However, the company is seeing significant attention today, with the latest round of Cisco layoffs reportedly set to be carried out soon. This latest round of layoffs will affect at least 4,000 ...
As TechCrunch previously reported, 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 in ...
The most recently disclosed layoffs will eliminate 353 tech industry jobs in the Bay Area, the WARN filings show. The disclosures of Cisco’s job cuts arrive on the heels of the tech company’s ...
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.
On Wednesday, Cisco announced it will lay off around 7% of its global workforce in a move that will impact several thousand employees. The number of affected workers in the Research Triangle ...