Cisco has started laying off thousands of employees about a month after the tech giant announced this year's second round of job cuts, a report has said. While the company confirmed the job cuts in an SEC filing in August,

Given that Cisco indicated in Aug 2024 that it intended to reduce staff but withheld information regarding which individuals and departments would be impacted, these recent layoffs are surprising

Cisco, the US tech conglomerate, has announced a major round of layoffs amid declining demand and ramping up investments in artificial intelligence (AI). This latest round of job cuts follows a previous round earlier this year.