On February 14, 2024, Cisco announced it would cut about 5 percent of its global workforce, roughly 4,200 roles, taking a charge of around 800 million dollars. Weeks later, on March 18, 2024, it closed its approximately 28 billion dollar acquisition of Splunk, and about 7,000 Splunk employees joined, lifting Cisco's fiscal 2024 headcount to roughly 90,400.
On August 14, 2024, Cisco announced a second restructuring of about 7 percent of its workforce, media-estimated at roughly 5,600 roles (a figure the press estimated, not one Cisco stated), with a charge of up to 1 billion dollars. The company framed it as reallocating investment toward AI, cloud, and cybersecurity rather than a broad cost cut.
By July 26, 2025, Cisco reported roughly 86,200 employees. Then on May 13, 2026, alongside record third-quarter revenue, it said it would cut fewer than 4,000 roles, under 5 percent of its workforce, again framed as realigning around silicon, optics, security, and AI.
The through-line is consistent: Cisco is running leaner and reallocating toward its growth areas, silicon, optics, security, and AI. The resume implication is to show measurable impact in those areas, and to pair any leadership or scope claim with a directly measurable artifact. Cisco publishes no specific 2026 hiring threshold, so treat any precise "the bar is now X" claim as unverified.