Cisco’s latest round of layoffs will impact approximately 4,150 employees, which is about 5% of its total workforce. As of July 2023, the company had around 83,000 employees worldwide.
Dinner at famed Japanese restaurant Nobu was followed by a trip to a nightclub — then a co-worker’s visit to a hospital, ...
While tech investors hailed Arm and Qualcomm’s results, this week’s attention is on Alibaba and Cisco earnings. Alibaba, the ...
Here’s more on the Cisco layoffs and AI and security opportunities ahead for the vendor and its partners. Cisco confirmed massive layoffs Wednesday with plans to cut about 7 percent of its ...
This marks its second round of layoffs this year, with the Cisco Systems cutting 5% of its labor force back in February. Cisco also provided an outlook for the first quarter and new fiscal year.
As of August, the tech industry had already lost over 136,000 jobs across 422 companies, with Intel, IBM, and Cisco among ...
Tesla, 3,652 staffing reductions in Fremont, Palo Alto and San Mateo. — Cisco Systems, 2,649 layoffs in San Jose, San ...
October 03, 2024, 8:19 AM ESTCareer & Workplace August 15, 2024, 2:04 PM ESTTechnology August 14, 2024, 8:15 AM ESTCareer & Workplace July 31, 2024, 8:12 PM ESTRetailing July 01, 2024, 12:16 PM ...
The decrease in layoffs, however, raises the possibility that businesses are adapting to the current economic environment and ...
NEW YORK: Cisco will cut thousands of jobs in a second round of layoffs this year as the US networking equipment maker shifts focus to higher-growth areas, including cybersecurity and artificial ...
Meanwhile, Cisco continues to weather the tech industry’s ups and downs, balancing supply constraints, layoffs and restructuring plans. Here’s the latest Cisco news and analysis. Cisco pumps ...
It has about 85,000 staff. Cisco's layoffs are part of plans to “realign the organization and enable further investment in key priority areas”, it said in a SEC filing. CEO Chuck Robbins said ...