Cisco employment cuts: San Jose tech titan may chop 4,000 jobs in “rebalance”

Cisco employment cuts: San Jose tech titan may chop 4,000 jobs in “rebalance”

2 years ago
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https://www.eastbaytimes.com/2022/11/17/cisco-job-tech-4100-layoff-san-jose-real-estate-meta-amazon-twitter/

SAN JOSE — Cisco began filling in employees Thursday about how they will be affected by the San Jose tech stalwart’s restructuring that’s poised to eliminate thousands of jobs worldwide, in a new setback for Silicon Valley.

Terminations and severances are being eyed by Cisco to help “rebalance” its workforce, a potentially wrenching plan that includes shedding real estate and wide-ranging layoffs.