Cisco Layoffs 2024 India. The report finds that while layoffs have affected headcounts across many it companies, the impact on employee morale and trust has prompted companies to take significant steps to restore stability. 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 major round of layoffs this year.
Employees, including those from cisco’s talos security division focusing on threat intelligence and security research, were informed of the layoffs on september 16. As the market adapts to changing economic conditions, tech giants are streamlining their operations to cut costs, restructure their businesses, and align with evolving market demands,.