Cisco Layoffs October 2024

Cisco Layoffs October 2024. Cisco is set to lay off thousands of employees in a bid to focus on growth areas. During the last round of layoffs, announced in october.

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. Cisco will spend between $700 million and $800 million in the first quarter of its 2025 fiscal year.