Cisco Layoff October 2024. Cisco announced plans to cut 5% of its workforce on wednesday, the latest tech company to downsize this year. Nearly 35,000 job cuts have been announced in 2024, according to layoffs.fyi, which has been tracking tech layoffs since the pandemic.

As of july 2023, cisco employed 84,900 people globally. Yet a pair of 5% companywide staff reductions — announced in late 2022 and february 2024 — hit cisco workers worldwide and in the triangle.