US EditionCisco to lay off thousands more in second job cut this year, sources say
- Cisco will lay off thousands of employees in a second round of cuts this year, focusing on cybersecurity and AI, according to sources.
- The layoffs could affect a number similar to or slightly higher than the 4,000 employees cut in February, with an announcement expected soon.
- Cisco, a leading maker of internet traffic routers and switches, faces sluggish demand and supply-chain issues in its main business.
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Mass layoffs at large companies continue... In the second round of layoffs this year, the technology giant Cisco will lay off thousands of employees. Cisco will cut thousands of jobs, since...
Cisco is Expected to do a Second Round of Layoffs This Year, Sources Say
The Cisco logo is displayed, during the GSMA’s 2023 Mobile World Congress in Barcelona, Spain. Courtesy of REUTERS/Nacho Doce/File Photo Cisco, a U.S. networking equipment manufacturer, is planning to cut thousand of jobs in a second round of layoffs this year, sources familiar with the matter said. This decision will help the company’s shift to higher growth areas such as cybersecurity and AI. The number of people affected could be similar or …
Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. network equipment manufacturer shifts its focus to higher-growth areas, including cybersecurity and artificial intelligence, people familiar with the matter said. The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February and will likely be announced as soon as Wednesday with the company's fourth-quart…
Sources: Cisco to lay off thousands more in 2nd job cut this year
Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said.
Cisco to lay off thousands more in second job cut this year, sources say
Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said.
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