Cisco Set for Layoffs, Following Trend of Tech Cuts, Innovations
Channel Insider
AUGUST 14, 2024
Cisco is preparing for another round of significant job cuts. According to a report from Reuters, the tech giant is reportedly planning to eliminate thousands of positions, marking the company’s second major layoff this year. This decision comes as the company grapples with declining demand and shifts its focus toward emerging areas like artificial intelligence (AI).
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