Cisco Layoffs 2024 Blindspot. Cisco unveiled the job cuts late wednesday, citing a need to lower costs and invest in growth areas including artificial intelligence, the cloud and cybersecurity. After tech giant cisco announced plans for its second round of layoffs this year, employees tell techcrunch that they will not know if they are affected for close to a.
Cisco cuts workforce for third time in 2 years, pursues ai. In total, over 136,000 tech employees have been laid off across 422 companies in 2024, according to industry data.