Cisco Layoff 2024. In total, over 136,000 tech employees have been laid off across 422 companies in 2024, according to industry data. Cisco systems, one of the largest makers of computer networking equipment, said on wednesday that it would cut 7 percent of its work force in its second.

Tech giant cisco has let go of thousands of employees following its second layoff of 2024. Cisco in its second quarter filings announced a companywide layoff that would impact about 5 percent of its workforce, or about 4,250 employees, as it works to.