Cisco Layoff October 2024 Calendar. Cisco is no stranger to job cuts, as a round of substantial layoffs in 2022 would suggest, though this recent announcement does come as a bit of a shock. Lr from last quarter is done and has been completed for sometime now.
Cisco systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough. Cisco is the latest tech company to announce that it will shed employees as ceos focus on tightening costs.