Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with ...

Cisco layoffs come amid focus on AI, GenAI, security and networking. ... above Wall Street consensus by $215 million, according to a report from William Blair.

The latest layoffs follows Cisco’s announced job cuts of some 4,000 – or 5% of its workforce – earlier this year. Of the cuts, 227 will occur in San Jose and 123 in Milpitas, RTT News says.

Reported Cisco layoffs span across several business units, including Cisco Webex/collaboration, ... Cisco is expected to report its full fiscal year 2023 earnings on Aug. 16. ...

According to a report from Challenger, Gray & Christmas, companies planned 82,307 job cuts in January. That's up 136% from the prior month and the second-highest layoff total for the month of ...

Cisco also reports earnings on August 14. They may be trying to get ahead of another poor-performing quarter and throwing all the bad news into the ‘kitchen sink.’” ...

Cisco Systems Inc. vociferously denied whispers that it had leaked an untrue layoffs number before announcing an actual restructuring Wednesday that was much smaller. Cisco did not leak report of ...

Cisco's HQ by Chantal Allam — October 7, 2020 . RESEARCH TRIANGLE PARK – Cisco refuses to confirm massive layoffs are currently underway across its campuses in the US.