Cisco says it's cutting 5% of global workforce, amounting to over 4,000 jobs

Cisco Systems, a global technology company, is undergoing a restructuring process that involves reducing its workforce by 5%. This decision comes amidst efforts to streamline operations and adapt to changing market conditions. The job cuts are expected to impact employees across various regions worldwide. Cisco aims to realign its resources to better focus on strategic priorities and enhance its competitive position in the industry.

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