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RE: LeoThread 2024-08-21 03:32

in LeoFinance5 months ago

Cisco employees face a month of silence ahead of second layoff in 2024

After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected

After tech giant Cisco announced plans for its second round of layoffs this year, employees tell TechCrunch that they will not know if they are affected for close to a month.

Earlier this month, Reuters reported that Cisco was planning a second round of layoffs this year, after letting go of around 4,000 workers in February. Cisco confirmed last week in a SEC filing that it is cutting 7% of its workforce.

#cisco #technology #layoffs #newsonleo

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While employees have now been informed that there will be a new round of job cuts, the company has refused to tell affected workers until September 16, according to multiple Cisco