Cisco Layoffs 2024 Severance Package In India. Technology company cisco announced wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company. Here is everything you need to know.

Networking equipment manufacturer cisco systems on wednesday said it would lay off 5 per cent of its roughly 85,000 strong global workforce. In november 2022, cisco announced during an earnings call a restructuring that impacted roughly 5% of its workforce which lead to $600 million in severance and.