IBM, Cisco to cut nearly 200 San Francisco workers

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IBM, Cisco to cut nearly 200 San Francisco workers
IbmLayoffsSan Francisco
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The tech giants are only the latest to slash staff in The City in a wave of layoffs that began in late 2022

Venerable tech giants Cisco and IBM are together laying off nearly 200 people in San Francisco as part of broader job cuts.

The company did not explain the reason for the layoffs, which come as its stock price is trading at around it’s all-time high. SF racial-equity initiative head resigns amid reports of pricey improprieties Sheryl Evans Davis stepped down from her post atop The City’s Human Rights Commission on Friday, effectively immediately

Among those it’s cutting here are its vice presidents of operations, product management, sales solutions engineering, and strategy and planning. It’s also letting go 10 software engineers.

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