Cisco Layoffs 2024 India News. Cisco cut 7% of its workforce while at the same time, investing $1 billion into ai startups. Cisco’s move adds to total tech firms’ layoff tally at about 35,000 in 2024 so far, according to layoffs.fyi, which tracks tech job cuts.

The layoffs allow cisco to maintain focus on growth areas such as software, services, ai and cybersecurity, while balancing its financial obligations and. Cisco systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to.