Cisco Job Cuts 2024

Cisco Job Cuts 2024. Cisco systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial. The networking equipment giant has also revised its annual revenue target, citing the.

With 4,000 or more employees likely to be affected, it’s unclear what the cost to the company (and investors) will be. Cisco systems is planning to lay off 7% of its employees, its second round of job cuts this year as the company shifts its focus to more rapidly growing areas in.