Cisco Systems Layoffs 2024 Dates . Plans to eliminate thousands more jobs in a second round of layoffs this year, reuters reported, as the networking equipment maker shifts. Cisco systems inc., the largest maker of networking equipment, plans to cut thousands of jobs after a slowdown in corporate tech spending wiped out its sales growth.
Tech giant cisco has let go of thousands of employees following its second layoff of 2024. The mass layoffs announced wednesday in conjunction with cisco’s latest quarterly results represent about 5% of its worldwide workforce of 84,900.
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