 "Cisco’s dramatic layoffs of 5,600 employees highlight a tumultuous industry shift towards AI and restructuring for future growth.")
Cisco’s dramatic layoffs of 5,600 employees highlight a tumultuous industry shift towards AI and restructuring for future growth.
Cisco, a major US technology company, has announced significant job cuts, laying off around 5,600 employees, which is about 7 percent of its workforce. This comes as part of its strategy to manage costs amid decreasing demand, following earlier layoffs of 4,000 workers earlier in the year. The company is shifting its focus towards investments ...
