Cisco Layoffs October 2024 News. Cisco cuts its workforce by 7% and forms one unit for networking, security and collaboration to energize ai and security sales. 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.

The mass layoffs come on top of another round of cuts cisco made earlier this year: Cisco systems, based in san jose, california, unveiled its plan to lay off.