Cisco Layoffs 2024 Severance Package India. As the rumors have spread, the numbers have varied from percentage (20%) to headcount ranging from 10k, 16k, and as much as 18k. Cisco indicated that the layoffs would begin this year and continue into next year, saying severance and other termination benefits for employees would cost the.
In november 2022, cisco announced during an earnings call a restructuring that impacted roughly 5% of its workforce which lead to $600 million in severance and. Cisco layoffs to affect over 4,000 employees.
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