Cisco is reportedly engaging in a series of layoffs that will impact several business units, including Webex.
A source told UC Today that the actions, which began the week beginning Monday, July 17, will allegedly affect the following business units:
- Cisco Application Centric Infrastructure (ACI)
- Cisco Collaboration
- Cisco Cisco Data Center Services & Solutions
- Cisco Experience Centers (CxC) – Research Triangle Park, N.C. “dissolved”
- Cisco Security Business Group (SBG)
- Cisco Servers – Unified Computing System (UCS)
- Cisco Webex
Cisco has not yet responded when requested for clarity.
However, Cisco informed Fierce Telecom that the most recent round of layoffs is the next stage of the “rebalancing effort” announced in November 2022.
These job cuts could include the 4,100 employees Cisco said it would let go in December, comprising roughly five percent of its workforce.
Cisco told Fierce Telecom:
This is not about cost savings as we have roughly the same number of employees as we did before the process began. This rebalancing is about prioritizing investments in our transformation, to meet and exceed our customers’ expectations in the changing technology landscape. We will continue to do everything we can to help place affected employees in open roles and offer extensive support including generous severance packages."
Webex and Cisco Collaboration's Difficult Period
Cisco's original series of layoffs was first announced in November, with four thousand workers expected to lose their jobs in a shake-up that encompassed office space sales, employee reshuffles and redirected targeting of security and networking. The round of layoffs began in December.
In January, that restructuring continued when Cisco announced it was laying off nearly 700 more staff.
