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 ...
The current layoffs, while still significant, are not as extensive as the previous round. As SFgate reports, these workforce reductions are part of Cisco’s ongoing efforts to restructure the ...
Securities and Exchange Commission. “CISCO SYSTEMS, INC. FORM 8-K.” Cisco Systems. “CISCO REPORTS FOURTH QUARTER AND FISCAL YEAR 2024 EARNINGS.” ...
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 ...
The tech giant has already cut thousands of jobs this year, including in the Research Triangle. Cisco is preparing to cut thousands of jobs as early as this week in the tech giant's second round ...
These are some of the biggest takeaways from the latest quarterly earnings report by the San Jose ... Here’s more on the Cisco layoffs and AI and security opportunities ahead for the vendor ...
A new round of layoff announcements at Dell and Cisco ... so why the cuts now?” Cisco’s last earnings report in April, he said, “showed a major decline in revenues and net income, which ...