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(Reuters) -Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI ...
Cisco indicated that the layoffs would begin this year and continue into next year, saying severance and other termination benefits for employees would cost the company a total of nearly $800 million.
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial ...
The value of each acquisition is listed in the US$ currency because Cisco Systems is headquartered in California, U.S. The majority of its products and business units have come from acquisitions, with Cisco Systems spending more than $70 billion to acquire approximately 218 organizations as of October 2021.
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It seems the 2024 layoffs may be a continuation of layoffs in 2023. It depends on how sources describe it, but it may be worth expanding the scope to extend from 2023-2024 if sources consider it one event. Game industry layoffs may be a part of broader tech sector layoffs. I read some articles that described it as such. Consider exploring that ...
The tight labor market that became one of the biggest economic stories of the COVID-19 pandemic appears to be loosening up considerably. More Layoffs? Management Positions Could Be Next on Chopping...