Cisco Layoffs 2024 Package. Cisco released its earnings after wednesday's market close. An icon in the shape of a calendar.

Cisco will reportedly lay off around 4,000 employees in its second round of job cuts this year as the world’s largest networking company doubles down on artificial intelligence. Cisco evp and coo maria martinez is leaving on the heels of a companywide layoff notice impacting 5 percent of the global workforce, and as cisco’s pending $28 billion.