Cisco Restructuring Layoffs 2024 Notification. The restructuring aims to boost efficiency despite the company reporting strong 2024. Reuters reports that cisco may lay off thousands of employees as early as next week after its q2 2024 earnings call.

Cisco plans to announce more job cuts on 14 august, following its first round of layoffs in february that affected 4,000 staff. According to a techcrunch report, cisco is cutting around 5,600 jobs, or 7% of its workforce, as part of its ongoing effort to manage costs amid falling demand and to.