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Cisco to cut 350 jobs in latest round of layoffs

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Cisco Systems Inc. will lay off 350 employees in Silicon Valley next month, in the tech giant’s latest round of job cuts.

According to a filing with California’s Employment Development Department last week, Cisco
CSCO,
-0.59%

will lay off 227 people in San Jose, and another 123 in nearby Milpitas, Calif., effective Oct. 16.

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