Cisco Layoffs 2024 India. Cisco’s move adds to total tech firms’ layoff tally at about 35,000 in 2024 so far, according to layoffs.fyi, which tracks tech job. The move would come at a time when tech companies, including telecom makers nokia and ericsson, cut thousands of jobs last year in a bid to lower costs.
Nearly 35,000 job cuts have been announced in 2024, according to layoffs.fyi, which has been tracking tech layoffs since the pandemic. Internet networking pioneer cisco systems is jettisoning more than 4,000 employees.
Cisco Announced It Will Cut Around 4,250 Jobs, Representing 5% Of Its Workforce.
Analysts expect demand for cisco's products to remain under pressure, as clients in the telecom industry restrict spending, prioritizing clearing their excess.
34,000 Jobs Cut Across 141 Us Tech Firms This Year.
While google dominated 2023 with its astounding 12,000 job cuts, sap laid off 8,000 of its employees in january 2024, owing to its restructuring programme for 2024.
Cisco Is Set To Lay Off 5 Per Cent Of Its Workforce.
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Cisco To Lay Off Over 4,000 Employees;
The layoffs are being done because of.
Cisco Announced A Restructuring Plan That Will Result In The Layoff Of Approximately 4,200 Employees.