CEO says company needs to make cuts despite profits Notworking giant Cisco has fired thousands of employees in its second ...
Cisco Systems has announced a second round of layoffs this year ... Earlier in August, the corporation announced a 7% ...
Another round of layoffs is coming to Silicon Valley's Cisco Systems. The San Jose company says it's planning to layoff 7% of its global workforce as it shifts focus to AI and cybersecurity.
Cisco Systems reportedly began cutting jobs across ... The tech giant told CRN that the latest layoff notifications are part of the November rebalancing effort. “As we announced then, this ...
The Bay Area added jobs in August, but the region’s tech hubs in the South Bay and San Francisco shed workers.
Aug. 09, 2024: A round of layoff announcements at Dell and Cisco are a result of both companies currently losing core market ...
Early retirement offers have been doled out and layoffs are being reported across geographies nearly two months after Cisco Systems announced a large-scale restructuring plan that would cut more ...
IBM's first-quarter 2024 earnings report said that the mainframe goliath took a $400 million "workforce rebalancing" charge to cover the cost of planned layoffs. That's after a $300 million "workforce ...