Cisco has started laying off thousands of employees about a month after announcing the second round of job cuts this year. The company plans to reduce its headcount by 7%, or around 5,600 employees. This restructuring aims to invest in growth and improve efficiency, coinciding with their strong earnings report for 2024.Cisco has started laying off thousands of employees about a month after announcing the second round of job cuts this year. The company plans to reduce its headcount by 7%, or around 5,600 employees. This restructuring aims to invest in growth and improve efficiency, coinciding with their strong earnings report for 2024. …Read More
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