Cisco Layoffs 2024 Severance Package 2024

Cisco Layoffs 2024 Severance Package 2024. Cisco is laying off approximately five per cent of its total workforce — affecting more than 4,000 jobs. So it’s likely we’ll see another bill passed onto.


Cisco Layoffs 2024 Severance Package 2024

Cisco at the time said it expects to recognize about $800 million in charges associated with the restructuring, which was largely related to severance and other one. The it hardware and software maker said the cuts, announced alongside its quarterly results on wednesday, will result in costs of $800 million related to severance.

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