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Cisco to lay off more than 4K in restructuring

February 15, 2024

Via: CIO Dive

Cisco’s workforce trim adds another name to the running list of providers laying off workers in the first quarter of the year.

SAP announced a restructuring program to focus resources behind AI, the company said in January. The plan will impact up to 8,000 roles, though the company expects to reskill or buy out most of those workers.

Xerox also announced a plan to restructure its operations around digital services in January, impacting about 15% of its workforce. Large providers including Google, Microsoft and Amazon have also made cuts across specific divisions.

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