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Cisco Cutting 4,000 Employees Despite Strong Sales

View Source | November 17, 2022 10:32 pm

  • The Bay Area telecommunications technology giant Cisco Systems has confirmed that it will be conducting layoffs, despite what appears to be a strong showing in its latest fiscal quarter.
  • Cisco  confirmed that the it stalwart would be cutting about 5% of its staff — more than 4,000 employees.
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