Cisco Layoffs 2024 Rumors News. Earlier this year, cisco cut approximately 7% of its workforce, equating to around 5,600 employees, following an earlier round of layoffs affecting 4,000 workers in. Cisco systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to.

The upcoming layoffs at cisco are expected to be substantial, potentially matching or surpassing the. Cisco confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion and affect upwards of.