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.
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Here’s more on the Cisco layoffs and AI and security opportunities ahead for the vendor and its partners. Cisco confirmed massive layoffs Wednesday with plans to cut about 7 percent of its ...
Tech layoffs continue as Mozilla, X, Samsung, and other major firms implement job cuts in 2024, citing restructuring, ...
This marks its second round of layoffs this year, with the Cisco Systems cutting 5% of its labor force back in February. Cisco also provided an outlook for the first quarter and new fiscal year.
As of August, the tech industry had already lost over 136,000 jobs across 422 companies, with Intel, IBM, and Cisco among ...
October 03, 2024, 8:19 AM ESTCareer & Workplace August 15, 2024, 2:04 PM ESTTechnology August 14, 2024, 8:15 AM ESTCareer & Workplace July 31, 2024, 8:12 PM ESTRetailing July 01, 2024, 12:16 PM ...
Meanwhile, Cisco continues to weather the tech industry’s ups and downs, balancing supply constraints, layoffs and restructuring plans. Here’s the latest Cisco news and analysis. Cisco pumps ...
NEW YORK: Cisco will cut thousands of jobs in a second round of layoffs this year as the US networking equipment maker shifts focus to higher-growth areas, including cybersecurity and artificial ...
The decrease in layoffs, however, raises the possibility that businesses are adapting to the current economic environment and ...
Boeing ( BA) is going ahead with its plan to lay off 10% of its global workforce. Though the company’s machinist strike ended ...