Cisco Layoffs 2024. 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 major round of layoffs this year. 7,403 employees laid off — see all march 2024 tech layoffs;
Cisco systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that. The reported cisco layoffs first revealed last week were confirmed by the tech giant during the company’s q2 2024 earnings call led by cisco ceo chuck robbins.