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Cisco cuts 5% of workforce amid cautious enterprise spending

Thursday February 15, 2024. 02:16 PM , from TheRegister
$800M charge facing network giant as customers work way through existing inventory
Networking goliath Cisco has finally confirmed talk from earlier in the week that it is laying off thousands of staff, reflecting the cautious outlook that management are seeing in customers' spending projections.…
Read more at TheRegister
https://go.theregister.com/feed/www.theregister.com/2024/02/15/cisco_to_cut_5_of/

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