Cisco Systems is laying off about 500 of its employees.
A company spokeswoman said the company is not commenting on the exact number of people let go or the locations where the employees worked, other than to say those affected were across the company's locations and countries.
“We routinely review our business to determine where we need to align investments based on growth opportunities," a spokeswoman said in a statement. "Earlier this week, Cisco performed a limited restructuring that will impact approximately 500 employees which is less than 1 percent of our population globally.”
Cisco's campus in Research Triangle Park houses more than 5,000 employees and contractors, making it the company's second-largest site behind its San Jose headquarters.
The company has been under pressure to improve its performance as corporations and governments reduce spending on Cisco's networking gear.
Last summer Cisco announced plans to eliminate 1,300 jobs, or about 2 percent of its workforce. That was on top of an earlier reduction that cut about 6,500 workers globally.