However, partners said they are waiting to hear if some of their key contacts within the company have been put on the chopping block before they gauge the immediate impact of the job eliminations. "My ...

Cisco is planning to announce a reduction in its workforce, potentially impacting thousands of employees, reports Reuters. This move marks the second wave of layoffs for the company in 2024, as it ...

Shares of the networking giant, already near record highs, jumped by double digits as Chuck Robbins laid out plans to make Cisco 'one of those winners.' ...

Cisco surprised investors Wednesday after announcing it planned on eliminating 4,000 jobs due to weaker-than-forecasted sales growth of 3-5 percent for the current quarter ended Oct. 31. Cisco ...

Cisco’s recent move to cut thousands of jobs continues what has been a broad slashing of employees across the cloud and telecommunications ecosystem in 2024 and could be set to continue through the ...

Cisco's recent announcement of laying off 7% of its workforce, amounting to over 6,300 jobs, comes after earlier this year's 5% job cut affecting 4,000 employees. These cuts are part of Cisco's ...

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial ...

Cisco announced plans for another round of layoffs, potentially affecting thousands of jobs, as it shifts focus toward cybersecurity and AI amid challenges in its core business. The job cuts follow ...

Cisco joins other tech companies in paring jobs as they cope with uneven demand. Though AI spending has helped fuel growth in some areas, traditional information technology giants haven't benefited as ...