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 ...

Tech company Cisco (CSCO) is planning to announce another round of layoffs, according to Reuters, where it will cut thousands of jobs as it shifts focus to areas like cybersecurity and AI. This ...

14:03 -- Cisco Systems is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The company is planning to cut thousands of workers ...

Cisco layoffs come amid focus on AI, GenAI, security and networking. ... above Wall Street consensus by $215 million, according to a report from William Blair.

Cisco Systems (NASDAQ: CSCO) is a U.S. technology firm and is the world’s largest company in the communications equipment ...

These layoffs will affect 563 jobs in San Jose, ... a state labor report shows. The Cisco job cuts were scheduled to take effect on Nov. 15, while the IBM layoffs were scheduled for Nov. 18.

Cisco to cut thousands more jobs in 2024, report says, ... Using their company’s internal lingo, many Cisco employees refer to layoffs as “LR,” short for “limited restructuring.” ...

RESEARCH TRIANGLE PARK, N.C. (WTVD) -- A major shakeup could soon come to the tech industry as stalwart giant Cisco may be undergoing another round of layoffs as early as Wednesday. Reuters first ...

Cisco could be looking to eliminate thousands more jobs on top of the approximately 4,000 layoffs that were announced earlier this year, the report said.Reuters noted that the company could make ...

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 ...