Location: Bay Area, California, USA.
Based on news reporting.
Cisco Systems, Inc. has laid off over 200 employees in the Bay Area, which includes several vice president positions. This decision comes as part of the company's ongoing restructuring efforts aimed at streamlining operations and reducing costs. The layoffs reflect broader challenges within the tech industry, as companies adjust to changing market conditions. The affected employees were notified in early October 2023, marking a significant workforce reduction for the company in a key location. Cisco's leadership has indicated that these changes are necessary to enhance operational efficiency and focus on strategic priorities.
Cisco Systems, Inc. cut 200 jobs as of October 1, 2023.
That is roughly 0.2% of the 90,400 people Cisco Systems, Inc. employs.
LayoffTalk has tracked 15 layoff events at Cisco Systems, Inc. since October 2023, affecting a combined 9,842 employees.
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