Cisco’s second layoff of 2024 affects thousands of employees
ID: d37aafe9-af30-593f-a38c-7858ba254c77
STIX ID: report--d37aafe9-af30-593f-a38c-7858ba254c77
Feed Name: TechCrunch Security News
Cisco announced a second round of layoffs in 2024, cutting approximately 7% of its workforce (about 5,600 employees) and impacting units including Talos Security, amid strong annual revenue and high executive compensation. The report highlights delays in notifying affected staff and employee dissatisfaction, but contains no cybersecurity incident details.
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