Cisco Systems had announced its intention to axe thousands of jobs as part of a restructuring exercise, which was expected to affect five per cent of its workforce. While it was obvious that over four thousand from its over 84,000 strong workforce will be let go, the specific numbers had not been revealed at the time of the announcement earlier this month. Now, as per media reports, the tech infrastructure firm is going to axe about 729 jobs in the San Francisco Bay Area.
By April, this round of layoffs will impact San Jose, Milpitas, and San Francisco, California. The information comes from Cisco’s Worker Adjustment and Retraining Notifications (WARN).
About 11 technical leaders will be impacted in San Jose, along with eight engineering product managers, six business analysis managers and five customer-delivery engineering technical leaders. Over 50 software engineers will be rendered jobless in Milpitas, while 29 software engineering tech leaders will be losing their jobs. In San Francisco too engineering and product managers will be let go. Some employees may be considered for other roles within Cisco if they choose to apply.
After eliminating 4000 roles in 2022, the US-based tech infrastructure firm had announced plans to cut more jobs in Silicon Valley, in September 2023, in an attempt to restructure.
The company had said then that with heightened competition, particularly in cloud-based networking companies, it wished to pivot its attention towards software and services while moving away from hardware.
