Cisco Layoffs 2024 Severance Package. Cisco systems confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion. The plan entailed about $300 million in severance, termination benefits and real estate charges in the second quarter of fiscal year 2023 (oct.
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 6,000 people, based on the. If the size of the rif is at that level then.
