Cisco may cut more jobs, and likely higher than it laid off in early 2024
Cisco announced plans for another round of layoffs, potentially affecting thousands of jobs, as it shifts focus toward cybersecurity and AI amid challenges in its core business. The job cuts follow February's reduction of 4,000 employees and aim to support the company's diversification strategy through acquisitions and investments in AI product offerings.
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Aug 10, 2024
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Cisco announced plans for another round of layoffs, potentially affecting thousands of jobs, as it shifts focus toward cybersecurity and AI amid challenges in its core business. The job cuts follow February's reduction of 4,000 employees and aim to support the company's diversification strategy through acquisitions and investments in AI product offerings.
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