Cisco Systems this week revealed it is letting go 101 employees from its San Jose, Calif., headquarters following months of speculation that more job cuts were coming as part of its restructuring effort.
The latest round of layoffs were disclosed via Worker Adjustment and Retraining Notification (WARN) notices received by the state of California’s Employment Development Division earlier this month. The disclosures were made as part of the federal WARN Act, which requires most employers to give advance notice of significant layoffs.
According to the WARN notices, included positions in the most recent round of cuts were software engineers, product managers, program managers and data scientists. A director of product management and a director of software development were also included in the layoffs.
“Over the coming weeks and months, Cisco will increase our investments in key business areas that will drive customer satisfaction and partner profitability going forward and reduce investments in others. We will be restructuring parts of our business as a result. Our employees are our priority and we are committed to providing our full support to those transitioning to new roles or teams within Cisco or leaving the company. Where possible, we will offer employees options that enable them to make decisions that best suit their career goals and personal circumstances,” said a Cisco spokesperson to CRN in an email.
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