Cisco Restructuring Layoffs 2024

Cisco Restructuring Layoffs 2024. Cisco is the latest to cut jobs and focus on ai. The layoffs, which are the company’s second round of job cuts this year, are part of a restructuring plan that will result in about $1 billion of pretax charges.


Cisco Restructuring Layoffs 2024

Cisco is planning to cut 7% of its global workforce, the company said in a filing with the us securities and exchange commission (sec). Cisco evp and coo maria martinez is leaving on the heels of a companywide layoff notice impacting 5 percent of the global workforce, and as cisco’s.

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