Cisco Announces 350 More Layoffs in Bay Area After Cutting 4,000 Jobs This Year
- Cisco Systems to lay off 350 workers in Milpitas and San Jose in October
- Comes after company laid off 4,000 workers between 2022-2023
- Layoffs part of 7% revenue growth to $12.6 billion in 2022 fiscal year
- Acquired 3 companies in Q4 - Lightspin, Smartlook, and Armorblox
- Overall tech layoffs slowing after 12,000+ in San Francisco in January
