Cisco Layoffs August 2024

Cisco Layoffs August 2024. Tech companies cut jobs at a rapid pace in august 2024 as more than 27,000 employees in over 40 companies, including big names like intel, ibm, and cisco, announced layoffs. 9,051 employees laid off — see all july 2024 tech layoffs.

Cisco systems, one of the largest makers of computer networking equipment, said on wednesday that it would cut 7 percent of its work force in its second major round of layoffs this year. Tech giant cisco has let go of thousands of employees following its second layoff of 2024.