Cisco Systems Layoffs 2024. The mass layoffs announced wednesday in conjunction with cisco’s latest quarterly results represent about 5% of its worldwide workforce of 84,900. 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.

The technology and networking company announced in august that it would reduce its headcount by. 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 that has helped boost their profits and.