Cisco Layoffs 2024. 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 layoffs will impact thousands of employees as the networking company focuses on ai, reuters is reporting.
Cisco systems is laying off 7% of its workforce, or roughly 5,900 employees, in its second round of job cuts this year. The news is the second round of major layoffs at cisco in 2024 as the company aims to improve efficiency and productivity.