Cisco Layoffs 2024 Package

Cisco Layoffs 2024 Package. Cisco had said in february it would cut 5% of its global workforce, or more than 4,000. 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.

Cisco in its second quarter filings announced a companywide layoff that would impact about 5 percent of its workforce, or about 4,250 employees, as it works to realign its organization to focus. Cisco systems, one of the largest makers of computer networking equipment, said on wednesday that it would cut 7 percent of its work force in its second major round of layoffs.