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 more rapidly growing areas in technology, such as artificial ...

Cisco surprised investors Wednesday after announcing it planned on eliminating 4,000 jobs due to weaker-than-forecasted sales growth of 3-5 percent for the current quarter ended Oct. 31. Cisco ...

Cisco’s recent move to cut thousands of jobs continues what has been a broad slashing of employees across the cloud and telecommunications ecosystem in 2024 and could be set to continue through the ...

The decision to cut 6,500 jobs from Cisco despite strong financial results was necessary to ensure the future sustainability of the company, according to CEO and president John Chambers. In August, ...