After announcing that it would conduct layoffs late last year, the stalwart Bay Area telecommunications company Cisco confirmed that it has cut nearly 700 positions in the Bay Area — including 80 in its San Francisco offices.
According to WARN notices provided to SFGATE, the tech firm laid off a total of 673 workers in December as part of a “limited business restructuring” announced in November.
The restructuring, which includes a reduction of its real estate portfolio, affected its San Jose headquarters and Milpitas offices, in addition to its San Francisco space, in both technical and business roles. At its headquarters, 371 workers were affected, including two Cisco vice presidents. At the Milpitas office, which saw primarily engineers and technical employees getting sacked, 222 workers (including one vice president) were cut.
Cisco spokesperson Robyn Blum told SFGATE in November that the layoffs were not “about reducing our workforce.” “In fact,” she told SFGATE in an emailed statement, “we’ll have roughly the same number of employees at the end of this fiscal year as we had when we started.”
Cisco commences layoffs, slashing nearly 700 Bay Area tech jobs
( Published on January 7, 2023 )