Cisco Plans New Round Of Layoffs

According to The Wall Street Journal (WSJ), Cisco has started a new round of layoffs in the face of slowing sales due to global economic headwinds. The WSJ report said Cisco, which has about 75,000 employees, declined to say how many employees would lose their jobs or what areas of Cisco would be impacted.

Recent News and Discussions About Cisco Plans New Round Of Layoffs

Cisco Plans New Round of Layoffs – WSJ

https://www.wsj.com/articles/cisco-plans-new-round-of-layoffs-11582850738

Feb 27, 2020 — Cisco Systems Inc. CSCO 0.39%△ has started a new round of job cuts as the networking-equipment maker faces the prospect of slowing sales …

Cisco implements restructuring plan, including layoffs, as …

https://www.fiercetelecom.com/telecom/cisco-implements-restructuring-plan-including-layoffs-as-stock-tumbles-after-hours

During a fourth quarter earnings call, Cisco CEO Chuck Robbins lays out a restructuring plan that includes a voluntary retirement program and layoffs as the …

Cisco plans new round of layoffs – Mint

https://www.livemint.com/companies/news/cisco-plans-new-round-of-layoffs-11582864881788.html

Feb 28, 2020 — Cisco Systems Inc. has started a new round of job cuts as the networking-equipment maker faces the prospect of slowing sales growth because …

Cisco Restructuring: Partners Predict $1B In Cost Cuts Mean …

https://www.crn.com/news/networking/cisco-restructuring-partners-predict-1b-in-cost-cuts-mean-layoffs-product-line-drops

Aug 19, 2020 — The latest Cisco restructuring plans include $1 billion in cost cuts, starting with a voluntary retirement program. Cisco partners say the …

Cisco Confirms Layoffs Of 3,500 Employees Since Pandemic …

https://www.crn.com/news/networking/cisco-confirms-layoffs-of-3-500-employees-since-pandemic-start

Dec 17, 2020 — The networking giant was not immune to the financial fallout caused by the COVID-19 pandemic, which resulted in a companywide restructure and …

San Jose-based Cisco Systems plans layoffs

https://www.bizjournals.com/sanjose/news/2020/02/28/cisco-systems-plans-a-new-round-of-layoffs-amid-an.html

Feb 28, 2020 — Cisco Systems plans a new round of layoffs amid an uncertain outlook for the economy … A round of job cuts is coming to Cisco Systems Inc. as …

Cisco plans round of layoffs amid revenue pressures

https://siliconangle.com/2020/02/28/cisco-plans-round-layoffs-amid-revenue-pressures/

Feb 28, 2020 — Cisco Systems Inc. is reportedly trimming its workforce amid the pressure on its business from changing enterprise spending patterns and …

Cisco Systems Inc. Layoffs – TheLayoff.com

https://www.thelayoff.com/cisco-systems

I’m still new -ish to the company. Curious about how different things are in places like San Jose, RTP, UK, etc. 13d ago by …

Cisco starts new round of layoffs – MarketWatch

https://www.marketwatch.com/story/cisco-starts-new-round-of-layoffs-2020-02-27

Feb 27, 2020 — Cisco Systems Inc. has started a new round of job cuts as the networking-equipment maker faces the prospect of slowing sales growth because …

Layoffs coming: Cisco plans $1B in cost cuts after forecasting …

Layoffs coming: Cisco plans $1B in cost cuts after forecasting revenue drop

Aug 13, 2020 — RESEARCH TRIANGLE PARK – Tech giant Cisco is planning to cut $1 billion in expenses – including layoffs – this quarter but the news didn’t …

Frequently Asked Questions

Are Cisco layoffs coming?

Cisco employees are worried that a round of layoffs may be imminent. The company’s fiscal year ended in July, and it often lays off workers in August or September. Cisco laid off at least 3,500 workers in 2020 as part of a restructuring plan to save $1 billion.

Does Cisco have a lot of layoffs?

Cisco Confirms Layoffs Of 3,500 Employees Since Pandemic Start.

Is Cisco a good company to work for?

96% of employees at Cisco say it is a great place to work compared to 57% of employees at a typical U.S.-based company. Source: Great Place to Work® 2021 Global Employee Engagement Study.

Will Google lay off?

Google has announced a round of layoffs and restructuring of its Google Cloud support engineers, and has acquired cybersecurity firm Mandiant for $5.4 billion to boost its cloud-based security offering.