Cisco Layoffs 2024 Packages List. Cisco’s layoffs come amid a flurry of similar announcements from large tech firms, signaling the sector is adjusting to. These layoffs reflect a broader trend in the technology sector, where many firms are cutting jobs in response to economic pressures and reduced demand.
Cisco will spend between $700 million and $800 million in the first quarter of its 2025 fiscal year. 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.
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