Latest Restructuring News & Updates

New Delhi, May 14 (IANS) Cisco, a global technology conglomerate, has announced plans to cut fewer than 4,000 jobs globally as part of a restructuring exercise aimed at sharpening its focus on artificial intelligence (AI) and other high-growth technology areas.The layoffs that will affect less than 5 per cent of the company’s global workforce were disclosed by CEO Chuck Robbins and the Executive Leadership Team in an internal memo issued alongside the company’s third-quarter FY26 earnings.”T…