Cisco Layoffs 2024 Reddit. 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. They also had their first layoffs in over a decade in january of last year.
That’s its second round of job cuts this year as the company shifts its focus to more rapidly growing areas in. Cisco systems, in another brutal round of layoffs for the tech industry, has sketched out plans to slash more than 4,200 jobs worldwide.