Ahead of the end of the tech giant’s fiscal 2023, Cisco has issued more layoff notices to employees as part of its effort to ‘rebalance’ its investment priorities, the company tells CRN.
Cisco spokesperson Robyn Blum said in an email to SFGATE that the layoff is meant to allow the company to invest in “key ...
This comes after an earlier layoff in February that impacted around 4,000 employees. Notably, Cisco delayed notifying the affected staff until September 16, without providing a reason. An employee ...
Thousands of Cisco employees will be affected by a new layoff round, which could be announced next week, according to a Reuters report. Cisco will reportedly lay off around 4,000 employees in its ...
Despite these individual cases, the overall layoff figures for October were the lowest this ... the tech industry had already ...
Cisco is closing its Technical Assistance Center (TAC) in Brussels. This will impact the companies to technical support ...
Just days later, Cisco Systems announced plans to lay off 7% of its employees, marking its second round of job cuts this year as the company shifts focus to rapidly growing areas like artificial ...
Newer employees are at risk of getting laid off in the early round of downsizing ... For instance, the technology giant Cisco ...
According to Roger Lee, who has been tracking all tech layoffs since 2020, the firms with the biggest layoffs so far in 2024 are Dell (6,000), Cisco (4,250 ... an impending layoff may include ...
Joining the Big Tech layoff season, networking giant Cisco is reportedly laying off over 4,000 employees, or about 5 per cent of its workforce, in a "rebalancing" act while "rightsizing certain ...
Cisco Systems stock is a strong buy due to its ... resources and realigning them with growth areas. The most recent 7% layoff is perhaps the most telling example. However, the company has to ...
Cisco is the dominant vendor in enterprise networking, and under CEO Chuck Robbins, it continues to shake things up. Its most recent mega-acquisition is its $28 billion purchase of Splunk, a bold ...