Cisco Restructuring Layoffs 2024 India

Cisco Restructuring Layoffs 2024 India. The restructuring plan, announced on wednesday, will result in a workforce reduction of approximately 5 per cent, affecting nearly 4,000 jobs out of cisco's total employee count of around 85,000 as of. That's its second round of job cuts this year as the company shifts its focus to more rapidly.

Cisco systems has announced plans to lay off approximately 7% of its global workforce, which could impact around 6,000 employees. First reported by reuters, which cited three sources close to the matter, cisco intends to refocus.