Business

/

ArcaMax

Cisco plans to chop more than 700 Bay Area jobs in latest tech layoffs

George Avalos, The Mercury News on

Published in Business News

SAN JOSE, California — Cisco Systems, in a fresh bout of layoffs, has revealed plans to slash more than 700 Bay Area tech jobs, an ominous hint that the technology industry’s post-coronavirus economic maladies have yet to abate.

The most recent layoffs disclosed by the tech titan will affect Cisco workers in San Jose, Milpitas and San Francisco, according to official WARN notices the company sent to the state Employment Development Department.

Cisco intends to cut about 729 jobs in the Bay Area, the WARN letters show. Here are the details of Cisco’s Bay Area layoffs:

— San Jose, 447 job cuts.

— Milpitas, 174 layoffs.

— San Francisco, 108 staff reductions.

 

The numbers are estimates based on a review by this news organization of the three WARN letters that Cisco sent to the state EDD and local government and workforce agency officials. The Cisco WARN letters contain a string of itemized job losses based on work titles but no overall aggregate total.

San Jose-based Cisco notified employees of the pending layoffs on Feb. 15, the WARN notices state.

The job cuts are slated to take effect on April 15 of this year, according to the EDD documents.

Several other tech companies besides Cisco have revealed plans for job cuts in recent weeks.

...continued

swipe to next page

©#YR@ MediaNews Group, Inc. Visit at mercurynews.com. Distributed by Tribune Content Agency, LLC.

Comments

blog comments powered by Disqus