Cisco Layoffs 2024 Severance Package. Cisco says it's cutting 5% of global workforce, amounting to over 4,000 jobs. Cisco drove $13.6 billion in revenue in the first quarter of.
Cisco systems confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion. For management, they will receive larger.
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Cisco Layoffs 2024 Severance Package Sella Daniella, The mass layoffs announced wednesday in conjunction with ciscoโs latest quarterly results represent about 5% of its worldwide workforce of 84,900.