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 ...

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 ...

SAN JOSE — Cisco Systems, in another brutal round of layoffs for the tech industry, has sketched out plans to slash more than 4,200 jobs worldwide, the network equipment maker stated in a ...

Cisco Systems, in a fresh bout of layoffs, has revealed plans to slash more than 700 Bay Area tech jobs, an ominous hint that the technology industry's post-coronavirus economic maladies have yet ...

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. It also just turned a massive ...

Cisco’s last round of layoffs occured in January when the company revealed that it was cutting 673 jobs in the San Francisco Bay Area as part of its plan to maximize cost savings announced in 2022.

Bay Area tech giant Cisco will lay off more than 4,000 in 5% staff cut By Stephen Council , Tech Reporter Feb 14, 2024 Cisco's sign is displayed in front of the company's headquarters on Feb. 9 ...

The layoffs, Cisco told The Wall Street Journal on Thursday, are “part of an ongoing process of aligning our investments and resources to meet the evolving needs of our customers and partners.” ...

Cisco layoffs are expected soon, but CSCO stock traders seem to be fine with this development. In addition, the company recently disclosed its quarterly financial stats, which came in largely ...