Cisco Systems Layoffs 2024. That's its second round of job cuts this year as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. The tech industry in 2024 is witnessing a significant wave of layoffs, with nearly 150,000 workers losing their jobs across major companies like tesla, intel, microsoft, and cisco.

A list of companies cutting. In a recent disclosure by reuters, it has come to light that cisco is on the verge of implementing significant job reductions, with thousands of employees facing layoffs as part of a business reorganization effort in response to declining demand.