Cisco Systems Layoffs 2024 India

Cisco Systems Layoffs 2024 India. Cisco unveiled the job cuts late wednesday, citing a need to lower costs and invest in growth areas including artificial intelligence, the cloud and cybersecurity. After tech giant cisco announced plans for its second round of layoffs this year, employees tell techcrunch that they will not know if they are affected for close to a.

The mass layoffs announced wednesday in conjunction with cisco’s latest quarterly results represent about 5% of its worldwide workforce of 84,900. Cisco announced plans to reduce its global workforce by 7% in a filing with the us securities and exchange commission (sec).