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After Amazon and Meta, Cisco starts laying off 4,000 employees

Shortpedia

Content Team
Image Credit: india.com

The tech layoff season is in full swing. Now, Cisco has joined the list of companies that have laid off its employees amid a sluggish economic environment. The networking major is laying off 5% of its entire workforce, or over 4,000 employees. Last month, the company had announced its plan to cut jobs to "rebalance" its business units.