Bay Area tech stalwart slashes nearly 700 local jobs

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Bay Area tech stalwart slashes nearly 700 local jobs
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Workers in San Francisco, Milpitas and at its San Jose headquarters were affected.

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The restructuring, which includes a reduction of its real estate portfolio, affected its San Jose headquarters and Milpitas offices, in addition to its San Francisco space, in both technical and business roles. At its headquarters, 371 workers were affected, including two Cisco vice presidents. At the Milpitas office, which saw primarily engineers and technical employees getting sacked, 222 workers were cut.

“In fact,” she told SFGATE in an emailed statement, “we'll have roughly the same number of employees at the end of this fiscal year as we had when we started.”

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