Cisco Layoffs 2024 Rumors Today. With about 288,000 employees worldwide at the end of 2023, the very low single digit percentage possibilities for 2024 might be 1 percent (2,880 layoffs), 2. Cisco’s layoffs come amid a flurry of similar announcements from large tech firms, signaling the sector is adjusting to.
According to a techcrunch report, cisco is cutting around 5,600 jobs, or 7% of its workforce, as part of its ongoing effort to manage costs amid falling demand and to. The mass layoffs announced wednesday in conjunction with cisco’s latest quarterly results represent about 5% of its worldwide workforce of 84,900.
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