Cisco Layoffs September 2024. Cisco systems confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion. Cisco has reportedly laid off thousands of employees in its second round of job cuts for the year.

The number of people affected could be similar to or slightly higher than the 4,000 employees cisco laid off in february, and will likely be announced as early as. Cisco systems confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion.