Cisco Layoffs 2024 The Layoff. In total, over 136,000 tech employees have been laid off across 422 companies in 2024, according to industry data. Tech giant cisco has let go of thousands of employees following its second layoff of 2024.
Securities and exchange commission filing. The layoffs came after amd reported mixed q3 results, which saw its revenue up 17% but guidance that fell short of investor expectations.