Cisco Layoff Rumors 2024

Cisco Layoff Rumors 2024. 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. 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.

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. Technology company cisco announced wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company.