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 ...

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 ...

(KRON) — San Jose-based tech giant Cisco plans to lay off over 4,000 employees, according to a report in the Silicon Valley Business Journal and later corroborated by the San Francisco Chronicle.

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 ...

Cisco is planning to lay off thousands of workers as it seeks to restructure its business. Cisco is joining a growing list of companies that are trimming their workforce at the start of 2024.

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.

The latest layoffs follows Cisco’s announced job cuts of some 4,000 – or 5% of its workforce – earlier this year. Of the cuts, 227 will occur in San Jose and 123 in Milpitas, RTT News says.

Cisco had no layoffs in the summer of 2015, coinciding with Chuck Robbins' ascension to CEO that July. Cisco’s stock has increased more than 15 percent over the past three months and hit a nine ...

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 ...