Cisco Layoffs October 2024. Technology company cisco announced wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company. 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 early as.
Cisco layoffs will impact 5% of its workforce, or more than 4,000 employees, during its current quarter as part of a restructuring plan. Us tech giant cisco is planning to cut thousands of workers in what will be its second round of layoffs this year.