Cisco layoffs: Thousands to lose jobs as company focuses on ‘high-growth’ areas ...Middle East

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Cisco layoffs: Thousands to lose jobs as company focuses on ‘high-growth’ areas
Amid the recent layoffs by multiple tech and retail giants, Cisco has also decided to cut jobs. As a part of its restructuring program, the multinational network corporation has announced its decision to axe thousands of jobs, per Reuters. The San Jose-based company, which has a total employee count of 84,900, is seeking to focus on “high-growth” areas. Cisco announces its decision to lay off thousands of employees(AP) Cisco to layoff thousands of employees as part of its restructuring plans The outlet adds that while the company has announced its layoffs, it is yet to decide the number of employees that will be affected. As Cisco prepares for its earning calls on February 14, the

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