Cisco Layoff 2024. Tech giant cisco has let go of thousands of employees following its second layoff of 2024. Cisco systems inc., the largest maker of networking equipment, plans to cut thousands of jobs after a slowdown in corporate tech spending wiped out its sales growth.

In february, cisco announced that it would conduct a companywide layoff round that would impact about 5 percent of its workforce, totaling. The technology and networking company.