Cisco layoffs, on the record
Every job cut, severance charge and restructuring Cisco reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 90,400 to approximately 82,400.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 90,400 | July 27, 2024 |
| 10-K for 2025 | approximately 86,200 | July 26, 2025 |
| 10-K for 2026 | approximately 82,400 | July 25, 2026 |
Job cuts, severance and restructuring
Our summaryCisco reported restructuring and other charges included in operating expenses for fiscal 2024 that increased from fiscal 2023.
Word for word“Restructuring and other charges included in operating expenses $ 112 $ 203 (45) % $ 789 $ 531 49 %” 10-K for 2024
Our summaryCisco stated that higher restructuring and other charges in fiscal 2024 drove part of the decline in operating income as a percentage of revenue.
Word for word“Operating income as a percentage of revenue decreased by 3.8 percentage points driven primarily by incremental operating expenses from Splunk, higher restructuring and other charges and higher amortization of purchased intangible assets in fiscal 2024.” 10-K for 2024
Our summaryCisco recorded restructuring and other charges within operating expenses, totaling $744 million in fiscal 2025 and $789 million in fiscal 2024; the filing does not describe specific layoffs or headcount reductions.
Word for word“Restructuring and other charges included in operating expenses $ 35 $ 112 (69) % $ 744 $ 789 (6) %” 10-K for 2025
Our summaryCisco announced a restructuring plan to free up resources for investment in silicon, optics, security and AI, and recorded charges under it in fiscal 2026.
Word for word“In the fourth quarter of fiscal 2026, we announced a restructuring plan to allow us to invest in key growth opportunities including silicon, optics, security and AI.” 10-K for 2026
Our summaryCisco reported the charges incurred so far under the fiscal 2026 restructuring plan.
Word for word“In connection with this restructuring plan, we incurred charges of $511 million during fiscal 2026.” 10-K for 2026
Our summaryCisco announced a restructuring plan in fiscal 2025 to invest in growth areas and improve efficiency, and substantially completed it in fiscal 2026.
Word for word“We incurred cumulative charges of $926 million and substantially completed this plan in fiscal 2026.” 10-K for 2026
Our summaryCisco started a restructuring plan in fiscal 2024 to realign the organization; the plan is now complete.
Word for word“We incurred cumulative charges of $654 million and the plan is complete.” 10-K for 2026
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-07-30 | $268 million | $279 million |
| 2017-07-29 | $756 million | $606 million |
| 2018-07-28 | $358 million | $372 million |
| 2019-07-27 | $322 million | $299 million |
| 2020-07-25 | $481 million | $327 million |
| 2021-07-31 | $886 million | $890 million |
| 2022-07-30 | $6 million | $25 million |
| 2023-07-29 | $531 million | $314 million |
| 2024-07-27 | $789 million | $691 million |
| 2025-07-26 | $744 million | $770 million |
Cisco filed 6 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Cisco’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-09-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.