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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 ...
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% ...
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 ...
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 come amid focus on AI, GenAI, security and networking.
Analyst says both Cisco and Dell are in a position where they ‘need to streamline operations to maintain profit margins.’ A new round of layoff announcements at Dell and Cisco are a result of ...
Cisco (CSCO) is planning to cut thousands of jobs in a second round of layoffs, according to a Reuters report. The tech giant is set to report its fiscal fourth quarter results on Wednesday ...
Cisco Systems is cutting roughly 7% of its workforce as it pivots to higher-growth areas like cybersecurity and AI, the company said in an SEC filing alongside its fiscal fourth-quarter results.
14:03 -- Cisco Systems is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The company is planning to cut thousands of workers ...
Cisco axing thousands of jobs in second round of layoffs amid shift to AI: report Cisco laid off 4,000 employees in February.© REUTERS Cisco, the largest maker of the routers and switches that ...