Hildy Latisha

Cisco Restructuring Layoffs 2024. Layoffs in the tech industry continued into the second half of 2024, with numerous prominent companies cutting around 100,000 jobs as part of their restructuring plans. Cisco had said in february it would cut 5% of its global workforce, or more than 4,000.

The technology and networking company announced in august that it would reduce its headcount by. Cisco’s revenue declined 6% year over year during the quarter, which ended on jan.