Cisco announces 4,150 layoffs, a strategic shift towards AI, cloud, and cybersecurity, and the acquisition of Splunk.

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.

Cisco's executives made tens of millions in compensation, while cutting thousands of jobs in two separate rounds of layoffs.

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.

After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month. Earlier this month ...

The California tech company with a significant Research Triangle footprint announced it will cut 7% of its global workforce.

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 ...

Hundreds of Cisco Systems employees will be laid off as the company shifts focus to artificial intelligence and cybersecurity.

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.

Cisco layoffs: This is the second time that the tech company has announced layoffs this year. Earlier in February, Cisco had laid off close to 4,000 employees.

Food and Drug Administration officials have told some scientists and inspections staff that their layoffs will be reversed, after the job cuts led to disruptions in drug and food safety work. The ...