Networking giant Cisco Systems is laying off staff again, employees reported on social media this week. While the employees saw this as a fresh round of layoffs, Cisco said it was just enacting ...

Cisco said Wednesday that it will lay off 4,250 jobs as it looks to devote more resources to its artificial intelligence initatives. Getty Images.

U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024. The technology and networking company announced in August that it would reduce its headcount by 7% ...

Cisco’s latest round of layoffs will impact approximately 4,150 employees, which is about 5% of its total workforce. As of July 2023, the company had around 83,000 employees worldwide.

Mass Layoffs To Meet Opportunities. Cisco confirmed massive layoffs Wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion and affect upwards of ...

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 ...

Another tech company is implementing mass layoffs. Here’s why Cisco let go of workers, what it means for the economy, and what it means for smart investors.

More hints about the layoff’s potential reasoning showed up in a Wednesday blog post from CEO Chuck Robbins. The executive wrote that Cisco plans to consolidate its networking, security and ...

Cisco says third recent round of layoffs will be its largest as RTP employer shifts focus By Brian Gordon. Updated August 14, 2024 9:54 PM.

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 ...

The tech giant has already cut thousands of jobs this year, including in the Research Triangle. Cisco layoffs hit Research Triangle Park One of the region's largest employers to layoff hundreds ...

U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024. The technology and networking company announced in August that it would reduce its headcount by 7% ...