Cisco Layoffs 2024 Package. Cisco is set to cut jobs, joining a trend of layoffs in the tech industry. Cisco evp and coo maria martinez is leaving on the heels of a companywide layoff notice impacting 5 percent of the global workforce, and as cisco’s pending $28 billion acquisition of.

The technology and networking company announced in august that it would reduce its headcount by. In its q2 2024 earnings release, the tech giant said the job cuts will help “realign the organization and enable further investment in.