Cisco Systems Layoffs 2024. Cisco systems announces plan to purge 4,000 workers in second round of layoffs in two years Cisco systems confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion.
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 that has helped boost their profits and. 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 major round of layoffs.
