Cisco Layoffs In 2024. 14, 2024, internet networking pioneer cisco systems announced that more than 4,000 employees are being laid off, joining the parade of technology companies in a trend that has helped boost their profits and stock prices. At the event, cisco launched a webex app for the apple.
This comes as part of a business restructuring as the company is witnessing a decrease in. Cisco evp and coo maria martinez is leaving on the heels of a companywide layoff notice impacting 5 percent of the global workforce, and.