What Is Cisco Layoffs?
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Cisco Systems, Inc., an American multinational technology conglomerate headquartered in San Jose, California, has laid off thousands of employees in recent years. The layoffs began in 2012, and were driven by a shift in the company’s focus from hardware to software and services, as well as increased competition in the networking industry. Cisco has undertaken several rounds of job cuts since then, including more than 11,500 positions in 2018 and 4,000 in 2019. The company has also published a voluntary separation program in 2020, offering additional severance packages to those who choose to leave the company.