Cisco Lays Off Nearly 900 in San Jose - NBC Bay Area

Cisco Lays Off Nearly 900 in San Jose

Valley's largest employer is cutting 4,000 jobs company-wide.



    Cisco Lays Off Nearly 900 in San Jose
    Fewer people work here now following the first 899 of 4,000 planned layoffs throughout Cisco's workforce, the biggest in Silicon Valley.

    Silicon Valley's largest employer is letting its people go.

    A total of 899 San Jose-based workers at Cisco have been laid off, according to the Silicon Valley Business Journal.

    Cisco had informed investors Aug. 14 that the company -- one of the biggest manufacturers of networking equipment in the country -- would lay off 4,000 workers, and the company has also been busy unloading its San Jose real estate.

    Cisco employed 15,492 people in Silicon Valley and 61,818 throughout the company as of earlier in 2013, the newspaper reported.

    It's unclear where the rest of the cuts will come from, but the 899 workers in San Jose were given their pink slips on Oct. 18.

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