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 announces 4,150 layoffs, a strategic shift towards AI, cloud, and cybersecurity, and the acquisition of Splunk.

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 ...

Cisco layoffs come amid focus on AI, GenAI, security and networking.

San Jose-based Cisco is laying off thousands of workers for the second time this year; the company’s 2024 fiscal year wrapped up with $10.3 billion in profit.

Aug 9 (Reuters) - Cisco (CSCO.O), opens new tab will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas ...

That said, Cisco’s latest round of job cuts is rather large. With 4,000 or more employees likely to be affected, it’s unclear what the cost to the company (and investors) will be.

Fresh waves of job cuts have surfaced at Cisco Systems, which will chop dozens more workers in San Jose as tech companies slash hundreds of positions in the latest round of staffing reductions.

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 ...

Cisco layoffs will impact thousands of employees as the networking company focuses on AI, Reuters is reporting.

Cisco's executives made tens of millions in compensation, while cutting thousands of jobs in two separate rounds of layoffs.

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% ...