Cisco Layoffs 2024 Rtp

Cisco Layoffs 2024 Rtp. 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. 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.

How many jobs will be cut. On wednesday, cisco announced it will lay off around 7% of its global workforce in a move that will impact several thousand employees.