Cisco may cut more jobs, and likely higher than it laid off in early 2024

Cisco, the world’s leading networking equipment manufacturer, is reportedly planning another round of layoffs this year. According to an exclusive report in news agency Reuters, “Cisco will cut thousands of jobs in a second round of layoffs this year as the US networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI.” The report quotes people familiar with the matter.