Cisco Reportedly Cuts Roles In Security

As part of a round of layoffs in July, tech giant Cisco Systems cut staff in segments including security, according to Blind, a tech career-focused message board. In an email to CRN, Blind cited reports from verified former and current Cisco employees in disclosing the layoffs — though the number of impacted employees in the security unit, and overall, was unclear. A Cisco spokesperson did not confirm which business units were impacted in the layoffs, but told CRN that the cuts were part of a “rebalancing” initiative that the company had previously discussed in November 2022. “As we announced then, this is not about cost savings as we have roughly the same number of employees as we did before the process began,” Cisco said in an email to CRN. “This rebalancing is about prioritizing investments in our transformation to meet and exceed our customers’ expectations in the changing technology landscape.”