Cisco Restructuring Layoffs 2024. Cisco systems is poised to lay off thousands. 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.

Cisco systems, one of the largest makers of computer networking equipment, said on wednesday that it would cut 7 percent of its work force in its second. The purge follows cisco’s late 2022 cutbacks that.