Cisco Layoffs 2024. Cisco systems is planning to lay off 7% of its employees, its second round of job cuts this year. Cisco confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion and affect upwards of 6,000 people, based on the.
7:00 am pdt · october 17, 2024. The reported cisco layoffs first revealed last week were confirmed by the tech giant during the company’s q2 2024 earnings call led by cisco ceo chuck robbins.