SAN JOSE, Calif. - Cisco Systems (CSCO) said it will lay off 5,500 employees as the internet gear maker scrambles to adapt to technology changes that have reduced demand for its main products. The ...
Despite tech conglomerate Cisco posting $10.3 billion in profits last year, it’s still laying off 5,500 workers as part of an effort to invest more in AI, SFGATE reports. It joins a litany of other ...
Cisco Systems is laying off 7% of its workforce, the company announced in a filing with the Securities and Exchange Commission on Wednesday. It’s the San Jose tech giant’s second time slashing ...
Cisco Systems Inc.CSCO1.74%increase; green up pointing triangle is cutting 5,500 employees—7% of its workforce—in the networking company’s latest reaction to market shifts, including customers ...
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