Cisco Layoffs 2024 Blind. It'll be on feb 15, 2024, right after the earnings call. A report by techcrunch, as mentioned by the news report, reveals that approximately 5,600 jobs, representing 7 per cent of cisco’s workforce, are being laid.
In total, over 136,000 tech employees have been laid off across 422 companies in 2024, according to industry data. Cisco systems confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion.