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Cisco, Google Latest to Announce Layoffs

Cisco Systems announced it plans to lay off hundreds of employees in the San Francisco Bay area next month, the latest tech company to conduct mass layoffs. The company said it would lay off 227 San Jose employees and 123 Milpitas employees by Oct. 16, 2023, according to documents from the California Employment Development Department. The documents indicated that the 350 employees were notified of the eliminations on July 17, 2023, and could choose Aug. 31 or Oct. 16 as their last day of work. Though the employees were notified in July, the layoff notices were received by the EDD on Tuesday, September 12.Nearly 50 positions at Cisco's Milpitas facility and about 70 positions at the company's San Jose facility were cut. According to the WARN notice, the largest number of layoffs at both offices were software engineering positions. SFGATE previously reported. In a November 2022 EDD notice, Cisco said it planned to cut 4,000 employees around the world.
The news comes after the company cut nearly 700 positions in the Bay Area earlier this year, including 70 layoffs at its San Francisco facility, for “business restructuring,” You can skip this ad in 5 seconds