Cisco To Eliminate Fewer Than 4,000 Jobs
Cisco plans to eliminate fewer than 4,000 jobs, which represents approximately 5% of its total employee base. These workforce reductions are expected to result in costs of up to $1 billion. This follows earlier reports of Microsoft cutting jobs at LinkedIn.
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Sources · 7 independent
Bloomberg Radio
“Cisco will eliminate fewer than 4,000 jobs roughly 5% of the total employee base . These cuts will result in as much as a billion”
NPR
“Cisco To Eliminate Fewer Than 4,000 Jobs”
KNX Los Angeles
“Some big companies are cutting jobs, citing AI. Even after posting a strong earnings report”
KNX Los Angeles
“earnings report after the bell, Cisco Systems plans to cut several thousand workers.”
KNX Los Angeles
“Microsoft cutting engineering and marketing jobs at LinkedIn as it spends more on AI.”
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