Cisco Layoffs August 2025 India

Cisco Layoffs August 2025 India. Cisco Restructuring Layoffs 2024 India Alane Melinda Intel announced 15,000 job cuts, Cisco laid off 6,000 employees. Cisco is set to implement a second round of layoffs this year, targeting thousands of employees as the company shifts its focus towards higher-growth sectors like cybersecurity and AI.

Citi Layoffs 2025 India Erika Kameko
Citi Layoffs 2025 India Erika Kameko from dodyhjkalexina.pages.dev

Tech companies cut jobs at a rapid pace in August 2024 as more than 27,000 employees in over 40 companies, including big names like Intel, IBM, and Cisco, announced layoffs. Cisco Systems announced a restructuring plan on Wednesday saying it would cut 7% of its global workforce, while also lowering its annual revenue target

Citi Layoffs 2025 India Erika Kameko

This move comes amidst ongoing economic fluctuations in the tech industry. This includes severance pay, one-time termination benefits, and other related expenses Cisco expects to record between $700 million and $800 million of these costs in the first quarter of fiscal 2025, with the remainder to be recognised throughout the rest of the fiscal year

Dell Layoffs 2025 Reddit In India Lily Nawal. Intel announced 15,000 job cuts, Cisco laid off 6,000 employees. Earlier in February, Cisco had laid off close to 4,000 employees.

Cisco Layoffs 2024 Cisco Systems to layoff 5 of its global workforce affecting 4,000 jobs. Cisco aims to cut costs by $1 billion through these layoffs and other measures This includes severance pay, one-time termination benefits, and other related expenses