Cisco Systems Layoffs 2024. Plans to eliminate thousands more jobs in a second round of layoffs this year, reuters reported, as the networking equipment maker shifts its focus to faster. 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.
The reported cisco layoffs first revealed last week were confirmed by the tech giant during the companyโs q2 2024 earnings call led by cisco ceo chuck robbins. Cisco systems inc., the largest maker of networking equipment, plans to cut thousands of jobs after a slowdown in corporate tech spending wiped out its sales growth.