Cisco Layoffs Hit More Workers in Silicon ValleyCisco Layoffs Hit More Workers in Silicon Valley
Learn who specifically is getting the axe.
September 18, 2023
Cisco layoffs are impacting 350 more employees next month in Silicon Valley as part of an ongoing rebalancing.
In two Worker Adjustment and Retraining Notification (WARN) notices with the California Employment Development Department, filed in mid-July, Cisco said it’s laying off 123 workers at its Milpitas facility and 227 workers at its San Jose facility.
Cisco notified workers of the layoffs in July and had the choice of leaving either Aug. 31 or Oct. 16. The Cisco layoffs are permanent.
Cisco Layoffs Not About Cost Savings
Cisco sent us the following statement:
“These recent notifications are part of the rebalancing effort we began in November 2022. As announced then, this is about prioritizing investments in our transformation and not about cost savings. Cisco has roughly the same number of employees as before the process began, and we continue to do everything we can to help place affected employees in open roles and offer extensive support including generous severance packages.”
Keep up with our telecom-IT layoff tracker to see which companies are cutting jobs and the ensuing channel impact.
The latest Cisco layoffs are impacting software engineering technical leaders, software engineers, project managers, executive assistants and more.
The first widely publicized round of cuts occurred in December, with Cisco giving approximately 670 California workers the option of leaving in February or March. Those people included technical personnel, engineers and marketing managers.
News of Cisco layoffs then began trickling out of social media and online forums in July as the IT company seeks to move resources to priority areas of its business. Official sources didn’t confirm the scale or scope of those layoffs, and the number of employees impacted appeared to fall below the thresholds for a mandated SEC filing.
The onslaught of tech companies announcing layoffs impacting thousands of workers continued into the second quarter of 2023. Since the start of the year, more than 40 companies doing business in the channel have announced job cuts.
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