Cisco cutting thousands of jobs in second biggest layoff of 2024; here's what CEO said
Cisco has started laying off thousands of employees about a month after announcing the second round of job cuts this year. The company plans to reduce its headcount by 7%, or around 5,600 employees. This restructuring aims to invest in growth and improve efficiency, coinciding with their strong earnings report for 2024.
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Sep 19, 2024
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Cisco has started laying off thousands of employees about a month after announcing the second round of job cuts this year. The company plans to reduce its headcount by 7%, or around 5,600 employees. This restructuring aims to invest in growth and improve efficiency, coinciding with their strong earnings report for 2024.
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