Cisco Restructuring Layoffs 2024. In a bid to realign its focus and improve key areas, cisco has unveiled a substantial restructuring plan. 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.

Network giant cisco is reportedly gearing up for a significant restructuring of the company, which could include thousands of layoffs, in a strategic move to align. Cisco is planning to lay off thousands of workers as it seeks to restructure its business.