Cisco Layoffs 2024 The Layoff. Thousands of workers were laid off by cisco early this month, prompting frustrated staffers to take to online forums. Cisco in its second quarter filings announced a companywide layoff that would impact about 5 percent of its workforce, or about 4,250 employees, as it works to realign its organization to focus.

Cisco, which employed roughly 85,000 people before these cuts, is among. Based on the trends in job cuts so far, here’s what to expect in 2024.