Cisco Planning More Layoffs in 2023

Major RTP Employer to Cut Thousands

Company Announces 5,000 Job Cuts in Late 2022 and February

Cisco, a major employer in North Carolina's Research Triangle Park (RTP), is planning to lay off thousands of additional workers this year, according to Reuters. The company has already announced two rounds of companywide staff reductions in late 2022 and February, totaling 5,000 job cuts. Cisco's local headcount is in the thousands, and the North Carolina Department of Commerce lists the company as one of the state's top employers.