Cisco Restructuring Layoffs 2024 Date. Cisco layoffs to affect over 4,000 employees. Cisco is planning to cut 7% of its global workforce, the company said in a filing with the us securities and exchange commission (sec).

On february 14th, 2024, cisco announced a restructuring plan to “realign the organization and enable further investment in key priority areas.” this restructuring plan will impact. Cisco layoffs will impact 5% of its workforce, or more than 4,000 employees, during its current quarter as part of a restructuring plan.