Cisco Layoffs 2024 Severance Package 2024. As the rumors have spread, the numbers have varied from percentage (20%) to headcount ranging from 10k, 16k, and as much as 18k. It’s estimated that the company’s last round of cuts cost around $800 million in severance and termination benefits.


Cisco Layoffs 2024 Severance Package 2024

Tech giant cisco has let go of thousands of employees following its second layoff of 2024. Cisco systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough.

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