Cisco’s latest round of layoffs will impact approximately 4,150 employees, which is about 5% of its total workforce. As of July 2023, the company had around 83,000 employees worldwide.
Here’s more on the Cisco layoffs and AI and security opportunities ahead for the vendor and its partners. Cisco confirmed massive layoffs Wednesday with plans to cut about 7 percent of its ...
Dinner at famed Japanese restaurant Nobu was followed by a trip to a nightclub — then a co-worker’s visit to a hospital, ...
This trend is attributed to an increasing adoption of AI and automation tools, which have streamlined operations and resulted ...
The decrease in layoffs, however, raises the possibility that businesses are adapting to the current economic environment and ...
Even as companies continue to reveal plans to trim hundreds of jobs in the region, tech layoffs in the Bay Area are actually ...
NEW YORK: Cisco will cut thousands of jobs in a second round of layoffs this year as the US networking equipment maker shifts focus to higher-growth areas, including cybersecurity and artificial ...
This marks its second round of layoffs this year, with the Cisco Systems cutting 5% of its labor force back in February. Cisco also provided an outlook for the first quarter and new fiscal year.
October’s figures indicate a further decline, marking one of the lowest points for layoffs since 2023 and reinforcing the ...
Meanwhile, Cisco continues to weather the tech industry’s ups and downs, balancing supply constraints, layoffs and restructuring plans. Here’s the latest Cisco news and analysis. Cisco pumps ...
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