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. Plans to eliminate thousands more jobs in a second round of layoffs this year, reuters reported, as the networking equipment maker shifts its focus to faster.
The mass layoffs announced wednesday in conjunction with cisco’s latest quarterly results represent about 5% of its worldwide workforce of 84,900. The tech giant may be cutting ‘thousands’ of jobs as early as next week after its.