Why is Cisco cutting jobs?
Cisco is cutting jobs primarily for restructuring, aiming to shift investments from slower-growth areas (like traditional networking hardware) towards high-growth sectors, especially AI and software, while also managing costs due to recent economic caution and slowing demand for some products. These layoffs, including significant reductions in 2024, are framed as reallocating talent and resources to drive future innovation and productivity, despite strong financial performance in other areas.Why is Cisco doing layoffs?
The layoffs come in the wake of strong financial reports at the networking giant. Cisco's earnings report for the fourth quarter shows it recorded $14.7 billion in revenue, marking an 8% increase compared to the same quarter last year.What caused Cisco's downfall?
In 2001, Cisco wrote off more than $2.2 billion in excess inventory, a staggering admission that the growth had not been real. The company's stock collapsed by more than 80 percent, erasing hundreds of billions in market value. For the first time, the once-infallible empire looked vulnerable.Why are so many jobs getting cut?
Companies cited restructuring as the reason for another 128,255 layoffs. Artificial intelligence advances accounted for 54,700 job cuts, while tariffs were cited for nearly 8,000. President Trump's levies on trade partners have raised costs for companies, prompting some to trim spending elsewhere, including on labor.How many jobs is Cisco cutting?
Ongoing Workforce Reductions Despite Revenue GrowthAnnual revenue for fiscal 2025 reached $56.7 billion, up 5% from the previous year. Despite this financial growth, Cisco has cut more than 2,800 Bay Area jobs since 2022, with major reductions occurring in November 2024 and earlier in 20251234.
Why Cisco is Cutting Jobs (and Why You Should Care)
Is Cisco still relevant in 2025?
If your goal is to build a serious career in enterprise networking, infrastructure security, or even cloud networking, then yes, Cisco certifications are still worth it in 2025. However, it's smart to think long-term. Don't stop with just a Cisco cert.What is the average salary of a Cisco employee?
How much does Cisco in India pay? The average Cisco salary ranges from approximately ₹ 4,17,015 per year for Apprentice to ₹ 19,85,137 per year for Cloud Engineer. The average Cisco monthly salary ranges from approximately ₹ 19,282 per month for . NET Developer to ₹ 92,232 per month for Software Engineer Intern.What is the #1 happiest job in the world?
There's no single #1 happiest job, as it varies by individual, but consistently high-ranking roles often involve helping others (firefighters, physical therapists, surgeons), working outdoors (logging, farming), or creative/technical fields (software developers, engineers, arts) with good balance, autonomy, and pay, with Construction sometimes topping industry lists for overall happiness and satisfaction.Who usually goes first in layoffs?
When layoffs occur, who goes first depends on company strategy, but often includes newer employees ("last in, first out"), high-cost senior staff, underperformers, or roles less critical to future goals, with factors like skills (especially AI), department (non-revenue generating), and legal compliance guiding decisions. While seniority (LIFO) is common and defensible, many companies use a mix of performance, skills, salary, and future business needs to decide, sometimes cutting managers or roles slated for outsourcing.Who is Cisco's biggest competitor?
Cisco's biggest competitors vary by market, but Juniper Networks (now part of HPE), Huawei, Arista Networks, and Palo Alto Networks/Fortinet (in security) are consistently named rivals, competing across routing, switching, and security with strong product overlap, though Juniper is often seen as the most direct, broad-based competitor in core networking, especially after its HPE acquisition.What is the future outlook for Cisco?
Cisco Systems' narrative projects $65.2 billion revenue and $14.0 billion earnings by 2028. This requires 4.8% yearly revenue growth and a $3.8 billion earnings increase from $10.2 billion today. Uncover how Cisco Systems' forecasts yield a $85.43 fair value, a 14% upside to its current price.How much severance does Cisco give?
Base Severance: 4 months of base salary paid as a lump sum after the garden leave period ends. Tenure Recognition: 10+ years: Additional week per year. 20+ years: Two additional weeks per year.Is Cisco making a comeback?
It has been a long time coming, but after 25 years, shares of networking hardware, software and telecommunications equipment provider Cisco Systems (NASDAQ: CSCO) have finally rebounded from the lows it experienced in the wake of the dot-com crash in March 2000.Who is most at risk for layoffs?
Employees most likely to be laid off are often newer hires, high-salary earners, those lacking key skills (like AI proficiency), contractors, and workers in non-revenue-generating or vulnerable sectors like tech, finance, and entertainment, following a "last in, first out" principle, although performance, changing business needs, and lack of revenue contribution are major factors.Why does Cisco leave Star Labs?
Due to his fear of working at S.T.A.R. Labs with the next generation of heroes while everyone else was changing and growing, Cisco decided to leave Central City with his girlfriend Kamilla and became the next Director of Technology and Science for A.R.G.U.S.What job pays $400,000 a year without a degree?
The most prominent "$400,000 job without a college degree" discussed in recent news is a Walmart Supercenter Store Manager, where compensation can reach that level through a combination of increased base pay (around $128k average), significant bonuses (up to 200% of base), and annual stock grants (up to $20k) for top performers, making the role lucrative for those rising from hourly work. Other paths to high income without a degree include skilled trades, tech sales, and specialized roles like power plant operators, often achieved through skills-based training, certificates, or apprenticeships rather than a traditional four-year degree.What jobs pay $4000 a month in the UK?
Jobs paying around £4,000 a month (£48k/year) in the UK cover various sectors like healthcare (Case Managers, Specialist Nurses), tech/IT (Software Engineers, IT Directors), sales (Sales Executives with bonuses), transport (Airline Captains, Logistics Managers), management (Deputy GMs, CMI Managers), and skilled trades/professional services (Electricians, Chartered Accountants, Lawyers, Chiropractors, Physician Associates), often requiring experience or specific qualifications, though some roles like Assistant Parliamentary Counsel or certain sales roles can reach this level with strong performance or entry-level potential.What profession makes $300,000 a year?
Jobs paying $300k/year are typically senior-level roles in medicine, law, finance, and tech, requiring extensive experience, specialized skills, or entrepreneurship, including surgeons, investment bankers, senior software architects, big law partners, and successful business owners. High-commission sales and specialized trades (like powerline workers) can also reach this level, sometimes without a traditional degree, but demand proven performance and significant expertise.What jobs pay $2000 a day?
To earn $2000 daily, you need high-value skills or scalable hustles like specialized freelancing (AI training, high-end writing), sales (physician moonlighting, medical sales), building online assets (e-commerce, digital products, YouTube), or flipping high-value items, moving beyond basic gigs like surveys or simple driving to truly high-earning potential.What jobs pay 100K a year in the UK?
Found 9 jobs in this campaign- Strategy & Impact Director. ...
- Marketing & Growth Strategist. ...
- Chief Information Technology Officer. ...
- Ecosystems Manager (Southeast Asia) ...
- Fundraising Consultant. ...
- Senior Development Executive - Humanities (Senior Fundraiser) ...
- Senior Estimator. ...
- Senior Mechanical Estimator.
What is a grade 12 salary at Cisco?
Cisco Grade 12 Hardware Engineer Salary | $220K-$450K+ | Levels.What engineers make $500,000 a year?
Engineers making $500k/year are typically highly specialized, experienced professionals, most commonly in Software Engineering, especially in AI, distributed systems, or finance/trading, working at top tech firms or successful startups where total compensation (base + significant stock/bonus) reaches this level. Other potential fields include Electrical Engineering in specialized areas like power/utilities or high-level Project Management roles.How much do Cisco engineers make in the UK?
The median Cisco Engineer salary in the UK is £50,000 per year, according to job vacancies posted during the 6 months leading to 12 January 2026. The table below compares current salary benchmarking and summary statistics with the previous two years.
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