Sunday, 18 February, 2024

Cisco Announces Layoffs of 4,000 Employees

Cisco intends to restructure by making a big move that will result in the layoff of over 4,000 employees. In addition, the tech giant has reduced its projected yearly revenue due to market difficulties. The redesigned revenue forecast emphasizes the need for flexibility in the face of shifting market conditions, and the layoffs illustrate Cisco's strategic moves to improve operations and react to changing industry dynamics.