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 ...

Cisco (CSCO) is planning to cut thousands of jobs in a second round of layoffs, according to a Reuters report. The tech giant is set to report its fiscal fourth quarter results on Wednesday ...

This latest round of layoffs will affect at least 4,000 employees. The company is expected to make the official announcement in its upcoming quarterly earnings report, which is due tomorrow.

14:03 -- Cisco Systems is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The company is planning to cut thousands of workers ...

Companies have reported more than 744,000 job cuts this year — the highest figure since the first six months of 2020, ...

Cisco layoffs come amid focus on AI, GenAI, security and networking. ... above Wall Street consensus by $215 million, according to a report from William Blair.

The tech giant has already cut thousands of jobs this year, including in the Research Triangle. Cisco layoffs hit Research Triangle Park One of the region's largest employers to layoff hundreds ...

Cisco ramps up AI investments and sets ambitious goals. The total headcount as of the end of fiscal 2023 is almost 85,000, depending on the new cuts being less or more than the February cuts.

Tech company Cisco (CSCO) is planning to announce another round of layoffs, according to Reuters, where it will cut thousands of jobs as it shifts focus to areas like cybersecurity and AI. This ...

Cisco Layoffs to Affect Over 4,000 Employees. Efficiency is everything these days, and tech companies everywhere that arguably got bloated during the post-pandemic hiring spree are clearly pulling ...