Cisco Layoffs 2024. Cisco announced plans to cut 5% of its. At last count, cisco had about 85,000 employees.
Since january 2024, as many as 144 tech companies, including google, amazon, microsoft, and sap, have announced layoffs, totaling close to 35,000 job cuts. February 9, 2024, 3:29 pm est.
San Jose Tech Giant Cisco Is Expected To Lay Off Thousands Of Employees This Week, Potentially.
Us, canadian companies kick off 2024 with layoffs companies in the united states and canada have extended their job cuts into 2024 after letting go thousands last year, as the outlook on interest rate cuts by the federal reserve remains uncertain even as recession fears recede rapidly.
However, Ceo Chuck Robbins Didn’t Specifically Address The Cuts.
The final announcement is expected this week.
Cisco To Layoff 9000 Employees In 2024.
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14, 2024, Internet Networking Pioneer Cisco Systems Announced That More Than 4,000 Employees Are Being Laid Off, Joining The Parade Of Technology Companies In A Trend.
Cisco is planning to lay off thousands of employees as part of a business restructuring.
The Final Announcement Is Expected This Week.
The cisco layoffs 2024 are expected to be officially announced in conjunction with the company’s upcoming quarterly earnings report later this week.
Cisco’s Restructuring Efforts Are A Sign Of The Challenges Facing The Technology Industry ( Image Credit) This Is Not The First Round Of Cuts At Cisco.
