Cisco Layoffs 2024 The Layoff. Cisco had said in february it would cut 5% of its global workforce, or more than 4,000 jobs, while lowering its. Cisco in its second quarter filings announced a companywide layoff that would impact about 5 percent of its workforce, or about 4,250 employees, as it works to realign its.
Cisco systems inc., the largest maker of networking equipment, plans to cut thousands of jobs after a slowdown in corporate tech spending wiped out its sales growth. The tech industry in 2024 is witnessing a significant wave of layoffs, with nearly 150,000 workers losing their jobs across major companies like tesla, intel, microsoft, and.
