[2024-02-14] Cisco Is Cutting 5% of Workforce

Bloomberg Television

Cisco Is Cutting 5% of Workforce

Wednesday, February 14, 2024

Cisco says it's cutting roughly 5% of its workforce as part of a restructuring plan.
It had almost 85,000 employees as of last year, suggesting that the move will involve approximately 4,000 jobs.
David Bahnsen of The Bahnsen Group is on "Bloomberg Markets: The Close."

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