Cisco to make big layoffs
Silicon Valley tech giant Cisco is getting ready to lay off thousands of employees in its latest reorganization effort to focus on high-growth areas, Reuters reports. While the exact head count is pending confirmation, sources familiar with the matter confirmed on Friday that an official announcement is imminent, potentially aligning with the company’s earnings call scheduled for this Wednesday. As of the fiscal year 2023, San Jose-based Cisco’s
1 reply
That Reuters report came out 2/9 and we’ve been talking about it here extensively….