Cisco Layoffs 2024 Package Pdf. These layoffs reflect a broader trend in the technology sector, where many firms are cutting jobs in response to economic pressures and reduced demand. There have been 600,000 layoffs in tech from the last quarter of 2022 up to today.
Cisco has started laying off thousands of employees about a month after announcing the second round of job cuts this year. The technology and networking company announced in august that it would reduce its headcount by 7%, or around 5,600 employees, following an earlier layoff in february, in.
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