Cisco Layoffs 2024 Package 2024. Cisco, the us tech conglomerate, has announced a major round of layoffs amid declining demand and ramping up investments in artificial intelligence (ai). Cisco systems inc., the largest maker of networking equipment, plans to cut thousands of jobs after a slowdown in corporate tech spending wiped out its sales growth.

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 realign its organization to focus. “have you heard anything about potential cisco layoffs?