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.

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 ...

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-wide restructuring. Cisco joins a long ...

Thousands of Cisco employees will be affected by a new layoff round, which could be announced next week, according to a Reuters report. Cisco will reportedly lay off around 4,000 employees in its ...

On Wednesday, Cisco announced it will lay off around 7% of its global workforce in a move that will impact several thousand employees. The number of affected workers in the Research Triangle ...

In August, Cisco announced plans to lay off 7% of its global workforce, concentrating on faster-growing technology sectors such as AI and cybersecurity. The networking equipment maker said in June ...

Cisco company logo is seen on an office building ... Time magazine and Sports Illustrated. Despite the layoffs and slow hiring, American unemployment remains low. Unemployment was 3.7% from ...

The mass layoffs come on top of another round of cuts Cisco made earlier this year: Cisco had said in February it would cut 5% of its global workforce, or more than 4,000 jobs, while lowering its ...

Cisco layoffs: This is the second time that the tech company has announced layoffs this year. Earlier in February, Cisco had laid off close to 4,000 employees. Cisco is planning to cut 7% of its ...

Late last year, the tech companies Stripe, Amazon, Facebook, Cisco, and Twitter laid off workers ... Derek Thompson: What tech and media layoffs are really telling us about the economy Indeed ...