Cisco is planning to cut thousands of jobs as it restructures its business, according to a report. The San Jose, California-based network giant is trying to turn its focus on high-growth areas, sources familiar with the matter told Reuters. However, the exact number of layoffs hasn't been determined yet, a source said. As of July 2023, the company had approximately 84,900 employees globally, according to the company's annual report. LAYOFFS SURGED 136% IN JANUARY TO SECOND-HIGHEST LEVEL ON RECORD Representa ...