Cisco lays off nearly 500 workers in San Jose and Milpitas


San Jose computer-networking giant Cisco has laid off 488 workers, according to a filing with the State of California.

In San Jose, 397 employees were turfed, and another 91 workers lost their jobs at the company’s offices in Milpitas, according to the California WARN Act filing.

Effective date for the layoffs, described in the notice as permanent, was July 31. Cisco said in letters to state and local officials that anyone not laid off on that date would be out by Aug. 13.

Cisco’s filings show the job cuts hit a variety of positions, including large numbers of engineers and managers, along with technical leaders.

A Cisco spokesperson said the firm in the past few years has been “transforming” the company. “It’s important that we make decisions to continually ensure that our investments and resources are aligned with strategic growth areas of the business and customer demands,” the spokesperson said.

“As we realign some of our teams, we are working closely with impacted employees to match them where possible with the wide variety of roles currently open across Cisco.”

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Source:: The Mercury News – Business

      

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