Cisco Techniques Inc. plans to get rid of hundreds extra jobsBloomberg Terminal in a 2d spherical of layoffs this 12 months, Reuters reported, because the networking apparatus maker shifts its focal point to faster-growing companies similar to cybersecurity and synthetic intelligence.The scoop follows Cisco’s transfer to chop roughly 4,000 jobs in February after a slowdown in company tech spending burnt up its gross sales enlargement. The corporate had just about 85,000 staff on the finish of fiscal 2023, which ran thru July of that 12 months.
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