Cisco Restructuring Layoffs 2025 Date. Cisco cuts thousands of jobs in second biggest layoff of 2024 Report India Today For Cisco, this restructuring represents a step toward future-proofing the company in an industry that values agility and innovation Technology company Cisco announced Wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company-wide restructuring.
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The announcement came as Cisco also reported its third straight quarter of declining revenues Technology company Cisco announced Wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company-wide restructuring.
Cisco Layoffs 2024 India Faina Jasmina
Networking titan Cisco has confirmed in a filing with the Securities Exchange Commission (SEC) that it is eliminating 7 percent of its global workforce as it embarks upon a restructuring plan. Cisco will spend between $700 million and $800 million in the first quarter of its 2025 fiscal year. Cisco had already announced one major round of layoffs back in February, when it said it was eliminating about 4,000 jobs, or 5% of its workforce
Layoffs 20242025 Will the Job Cuts Continue? YouTube. Aug 14 (Reuters) - Cisco Systems , opens new tab said on Wednesday it was witnessing rebounding demand for its networking equipment and announced a 7% cut in its global headcount to focus on high. This will be the third, and largest, layoff round the network equipment maker has conducted since late 2022
2023 Tech Layoffs. Layoffs are, without question, challenging for everyone involved Technology company Cisco announced Wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company-wide restructuring.