Cisco Layoffs 2024 Severance Package. The lr doesn’t solve the real problem at cisco: Cisco evp and coo maria martinez is leaving on the heels of a companywide layoff notice impacting 5 percent of the global workforce, and as cisco’s pending $28 billion.
When will the investors lose patience with the board and executive team? After tech giant cisco announced plans for its second round of layoffs this year, employees tell techcrunch that they will not know if they are affected for close to a month.