Cisco Job Cuts 2024. Cisco systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough. Cisco systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as.
The exact number of job cuts could be similar to, or slightly exceed, the 4,000 positions eliminated in february 2024. Cisco systems is planning to lay off 7% of its employees, its second round of job cuts this year as the company shifts its focus to.