Cisco Layoffs 2024 Severance Package Price. In november 2022, cisco announced during an earnings call a restructuring that impacted roughly 5% of its workforce which lead to $600 million in severance and other charges. Cisco layoffs to affect over 4,000 employees efficiency is everything these days, and tech companies everywhere that arguably got bloated during the post.
Cisco confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion and affect upwards of. The most variable part of a.
