Cisco Layoffs 2024 Severance Package 2024. 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 pending $28 billion acquisition of splunk. Cisco in its second quarter filings announced a companywide layoff that would impact about 5 percent of its workforce, or about 4,250 employees, as it works to.
The company plans to reduce its. Cisco layoffs will impact 5% of its workforce, or more than 4,000 employees, during its current quarter as part of a restructuring plan.