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Cisco To Shrink Real Estate Footprint, Cut Global Workforce as Part of $600 Million Restructuring

Computer Networking Giant Pulls Back on Expenses in Response to Slowing Sales Growth
Computer networking giant Cisco Systems owns the 270,200-square-foot office building at 300 East Tasman Drive that is part of its corporate Silicon Valley headquarters. (CoStar)
Computer networking giant Cisco Systems owns the 270,200-square-foot office building at 300 East Tasman Drive that is part of its corporate Silicon Valley headquarters. (CoStar)
CoStar News
November 17, 2022 | 9:01 P.M.

Digital communications giant Cisco Systems is joining the growing number of Silicon Valley tech companies shedding real estate and jobs in an attempt to adapt to new economic realities.

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