U.S. tech giant Cisco has let go of thousands of employees following its second layoff of 2024. The technology and networking company announced in August that it would reduce its headcount by 7%, or around 5,

Hundreds of Cisco Systems employees will be laid off as the company shifts focus to artificial intelligence and cybersecurity.

CEO says company needs to make cuts despite profits Notworking giant Cisco has fired thousands of employees in its second layoff of 2024. The technology and networking company announced in August that it would reduce its headcount by seven per cent or more than 5,

Cisco has started laying off thousands of employees about a month after announcing the second round of job cuts this year. The company plans to reduce its headcount by 7%, or around 5,600 employees. This restructuring aims to invest in growth and improve efficiency,

Cisco has begun laying off 5,600 employees, impacting 7% of its workforce. The restructuring aims to boost efficiency despite the company reporting strong 2024 earnings of nearly $54 billion.

Cisco has reportedly laid off thousands of employees in its second round of job cuts for the year. The software company had announced it would reduce its head count by 7% or 5,600 employees in August.