Cisco Layoff Rumors 2024

Cisco Layoff Rumors 2024

Cisco Layoff Rumors 2024. As the rumors have spread, the numbers have varied from percentage (20%) to headcount ranging from 10k, 16k, and as much as 18k. The fiscal 2024 plan will impact approximately 5% of our global workforce, with estimated pretax charges of approximately $800 million.


Cisco Layoff Rumors 2024

The layoffs are part of the company’s plan. Cisco announced plans to cut 5% of its workforce on wednesday, a decision that will result in the elimination of about 4,250 jobs.

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