# Cisco Plans Another Round of Massive Layoffs Amid Strategic Shift 📉

**URL:** <https://onehack.st/t/cisco-plans-another-round-of-massive-layoffs-amid-strategic-shift/288691>\
**Category:** News & Articles\
**Tags:** news\
**Created:** [August 10, 2024, 7:05am UTC](https://onehack.st/t/cisco-plans-another-round-of-massive-layoffs-amid-strategic-shift/288691 "2024-08-10T07:05:17Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![TheJoker](https://onehack.st/user_avatar/onehack.st/thejoker/32/22660_2.png) [@TheJoker](https://onehack.st/u/TheJoker)\
**Post date:** [August 10, 2024, 7:05am UTC](https://onehack.st/t/cisco-plans-another-round-of-massive-layoffs-amid-strategic-shift/288691/1 "2024-08-10T07:05:17Z")

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**Summary:**

* * *

1. **Second Layoff Round**  
**Cisco** is preparing for a second round of layoffs this year, affecting thousands of employees.

2. **Focus on Growth Areas**  
The company is shifting its focus to **cybersecurity** and **AI** , which are seen as higher-growth areas.

3. **Upcoming Announcement**  
Details of the layoffs are expected to be announced with Cisco’s **fourth-quarter results**.

**Read more at:** [Reuters](https://reuters.com)