Cisco says it's cutting 5% of workforce, amounting to over 4,000 jobs
Cisco announced plans to cut 5% of its workforce on Wednesday, a decision that will result in the elimination of about 4,250 jobs. Shares were down as much as 9% in extended trading.
It's the latest tech company to downsize in 2024, as the industry c... [2763 chars]
Source: CNBC
