Cisco Layoffs 2024 The Layoff. Cisco evp and coo maria martinez is leaving on the heels of a companywide layoff notice impacting 5 percent of the global workforce, and as cisco’s pending $28 billion. Lr from last quarter is done and has been completed for sometime now.
Cisco’s february layoff of about 4,000 employees should have left the vendor with about 80,000 employees, meaning a further 7 percent reduction could affect around 5,000. Cisco evp and coo maria martinez is leaving on the heels of a companywide layoff notice impacting 5 percent of the global workforce, and as cisco’s pending $28 billion.