Published 08/10/2024 9:32:00 a.m.

Cisco 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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Reuters

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.

08/09/2024 3:52:20 p.m.·United Kingdom

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Hindustan Times

Cisco to lay off thousands more in second job cut this year: Report

The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February

08/10/2024 9:07:24 a.m.·New Delhi, India

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Channel News Asia

Cisco to lay off thousands more in second job cut this year, sources say

08/09/2024 2:57:33 p.m.·Singapore

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Bloomberg

Cisco to Cut Thousands of Jobs in New Layoff Round, Reuters Says

Cisco Systems Inc. plans to eliminate thousands more jobs in a second round of layoffs this year, Reuters reported, as the networking equipment maker shifts its focus to faster-growing businesses such as cybersecurity and artificial intelligence.

08/09/2024 3:16:32 p.m.·United States

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Star Advertiser

Sources: Cisco to lay off thousands more in 2nd job cut this year

08/09/2024 4:30:00 p.m.·Honolulu, United States

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OAN

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.

08/09/2024 11:23:15 a.m.·San Diego, United States

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