Cisco cutting thousands of jobs in second biggest layoff of 2024; here's what CEO said
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 layoffs will leave hundreds of Bay Area workers without jobs
Hundreds of Cisco Systems employees will be laid off as the company shifts focus to artificial intelligence and cybersecurity.
Cisco layoffs hit California workers
Cisco’s current round of layoffs will impact about 6,000 jobs as the company looks to sharpen its focus on AI networking, security and collaboration.
Cisco's second 2024 layoff: 5,600 jobs cut, shifts focus to AI growth
These layoffs reflect a broader trend in the technology sector, where many firms are cutting jobs in response to economic pressures and reduced demand. In 2024 alone, over 136,000 employees across 422 tech companies have been affected by layoffs. Cisco, which employed roughly 85,000 people before these cuts, is among them, the report said.
Cisco's huge layoff round slams Bay Area offices, more than 800 workers cut
Cisco is laying off more than 800 workers in the Bay Area, according to WARN documents. The layoffs will slam San Jose, Milpitas and San Francisco offices.
Cisco lays off thousands in second round of job cuts
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.
IBM, Cisco to cut nearly 200 San Francisco workers
IBM, meanwhile, is cutting 58 San Francisco workers. The New York company has not said how many total employees it plans to let go, but in addition to slashing employees in The City, it’s also laying off 54 people in San Jose, according to letters its representatives sent to the state Employment Development Department.
IBM’s global layoffs begin, here’s how many will be cut in the Bay Area
IBM has initiated significant layoffs affecting thousands of employees globally, including many in the Bay Area. “Early this year, IBM disclosed a workforce rebalancing charge that would represent a very low single digit percentage of IBM’s global workforce,
Cisco layoffs to impact hundreds of Bay Area workers
Cisco Systems, Inc. will be laying off hundreds of employees in the Bay Area, according to state filings with the Employment Development Department. The job cuts will impact 134 employees at the tech giant’s San Francisco office at 500 Terry A.
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