Cisco Layoffs 2024 Severance Package

Cisco Layoffs 2024 Severance Package. I’m incredibly excited about this new company and the 5 months off (with a paycheck or severance for most of it) worked out perfectly for me. Cisco systems, one of the largest makers of computer networking equipment, said on wednesday that it would cut 7 percent of its work force in its second major round of layoffs.

The technology and networking company announced in august that it would reduce its headcount by 7%, or around 5,600 employees, following an earlier layoff in february, in which the company let go. Cisco systems, one of the largest makers of computer networking equipment, said on wednesday that it would cut 7 percent of its work force in its second major round of layoffs.