Cisco Layoffs 2024: What to Know About the Latest Job Cuts at CSCO
CSCOCisco Systems(CSCO) Investor Place·2024-08-14 02:48

Cisco (NASDAQ:CSCO) is among the large-cap tech stocks that investors may not necessarily pay as close attention to as, say, others in the so-called “Magnificent Seven.” However, the company is seeing significant attention today, with the latest round of Cisco layoffs reportedly set to be carried out soon.This latest round of layoffs will affect at least 4,000 employees. The company is expected to make the official announcement in its upcoming quarterly earnings report, which is due tomorrow.With many tech ...