Cisco spokesperson Robyn Blum said in an email to SFGATE that the layoff is meant to allow the company to invest in “key growth opportunities and drive more efficiency in our business.” ...

Major IT firms such as Intel, IBM, and Cisco have laid off over 27,000 employees across the globe in August 2024 ...

Job losses at U.S.-based employers spiked in August to a five-month high of just over 75,000 cut positions for the month, a ...

This will be the third, and largest, layoff round the network equipment maker has conducted since late 2022. As of July 2023, Cisco employed 84,900 people overall. The company opened its Research ...

After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month. While employees have ...

The layoffs are an attempt to reorganize and improve “overall operating expense efficiency,” according to the company’s 2023 financial report. On Feb. 14, Cisco, a networking hardware and ...

Some of the firms that have made headlines this summer for headcount reductions include: Cisco is embarking ... There had been reports ahead of the release that a possible layoff announcement ...

SAN JOSE, Calif. - Another round of layoffs is impacting the tech world. Cisco Systems announced on Wednesday that they plan on laying off 7% of its global workforce as they shift to focus on ...

Silicon Valley headquarters of networking company Cisco, San Jose, California. The company has announced a new wave of layoffs, as many as 6,000, according to one report. Silicon Valley ...

PricewaterhouseCoopers plans on laying off about 1,800 workers from the U.S. unit, per The Wall Street Journal.

Earlier this month, Reuters reported that Cisco was planning a second round of layoffs this year, after letting go of around 4,000 workers in February. Cisco confirmed last week in a SEC filing ...