MILPITAS — Cisco Systems has sketched out plans to slash well over 100 jobs in the Bay Area, according to an official filing that the legendary tech titan provided to state labor officials.
The company’s job cuts are slated to occur over the next few weeks or months, Cisco stated in a WARN notice filed with the state’s Employment Development Department.
“We regret to inform you that Cisco Systems will lay off certain employees at its Milpitas facility located at 560 McCarthy Blvd.,” according to the WARN notice to the EDD, the mayor of Milpitas and the Santa Clara County Board of Supervisors.
Cisco is planning to cut 165 jobs at the Milpitas site, the tech company told the EDD.
Employees have the option of selecting a termination date of Feb. 3, 2023, or March 13, 2023, Cisco stated in the WARN notice.
“The termination will be effective on those dates or on a date within a 13-day period immediately following those dates,” Cisco stated.
With the latest disclosures of job cuts from Cisco, tech and biotech companies have decided to cut at least 9,100 Bay Area jobs, involving an estimated 43 companies, as compiled from filings reflecting terminations that were slated to take effect on or after Oct. 1 of 2022, according to this news organization’s review of the Worker Adjustment and Retraining Notifications.
Cisco’s filing showed that the majority of the layoffs that the company is planning affect software engineers, technical engineers, hardware engineers, product managers and supervisors, this news organization’s review of the Cisco WARN notice shows.
“This action is expected to be permanent in nature,” Cisco said in the filing with the EDD.