Cisco Restructuring Layoffs 2024 List. The mass layoffs come on top of another round of cuts cisco made earlier this year: 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.
In total, over 136,000 tech employees have been laid off across 422 companies in 2024, according to industry data. These layoffs reflect a broader trend in the technology sector, where many firms are cutting jobs in response to economic pressures and reduced demand.