Cisco To Cut Thousands Of Jobs. Cisco cuts thousands of jobs, 7 of workforce, as it shifts focus to AI, cybersecurity Cisco is joining a growing list of companies that are trimming their workforce at the start of 2024. Intel's quarterly earnings report disappointed investors and its stock took a nosedive following the announcement.
Cisco to cut up to 5,500 jobs BBC News from www.bbc.com
Cisco Systems is poised to lay off thousands of employees as the tech. Network giant Cisco is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas, according to three sources familiar.
Cisco to cut up to 5,500 jobs BBC News
networking equipment maker shifts focus to higher-growth areas, including. Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that has led to thousands of. Cisco had already announced one major round of layoffs back in February, when it said it was eliminating about 4,000 jobs, or 5% of its workforce
Cisco cuts thousands of jobs as it shifts focus to AI and cybersecurity. (Reuters) -Network giant Cisco is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas, according to three sources. Cisco is joining a growing list of companies that are trimming their workforce at the start of 2024.
. Feb 9 (Reuters) - Network giant Cisco , opens new tab is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas. The tech giant may be cutting 'thousands' of jobs as early as next week after its upcoming earnings call on February 14