Cisco Restructuring Layoffs 2024. Cisco systems said on wednesday it was witnessing rebounding demand for its networking equipment and announced a 7% cut in its global headcount to focus. That's its second round of job cuts this year as the company shifts its focus to more rapidly.
In a bid to realign its focus and improve key areas, cisco has unveiled a substantial restructuring plan. That’s its second round of job cuts this year as the company shifts its focus to more rapidly.