Cisco Layoffs 2024 Package. Cisco systems, one of the largest makers of computer networking equipment, said on wednesday that it would cut 7 percent of its work force in its second major round of layoffs this year. In a bid to realign its focus and improve key areas, cisco has unveiled a substantial restructuring plan.

After tech giant cisco announced plans for its second round of layoffs this year, employees tell techcrunch that they will not know if they are affected for close to a month. 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.