Cisco layoffs show tech industry workforce “rebalancing” is well underway

A pending wave of layoffs at Cisco points toward a new trend of workforce “rebalancing” as big tech firms look to contend with rapidly changing skills requirements, analysts have told ITPro

Reports from Reuters last week revealed that thousands of roles will be cut as part of a workforce restructuring effort as Cisco looks to focus on “high growth” areas of the business. 

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