Cisco Layoffs April 2024 . Cisco systems inc., the largest maker of networking equipment, plans to cut thousands of jobs after a slowdown in corporate tech spending wiped out its sales growth. The tech layoff wave is still going strong in 2024.
The mass layoffs announced wednesday in conjunction with cisco’s latest quarterly results represent about 5% of its worldwide workforce of 84,900. 10,083 employees laid off — see all june 2024 tech layoffs.
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