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Cisco CEO reveals real reason behind 4,000 job cuts

Cisco is positioning itself as one of the companies built to win from the artificial intelligence boom. But that shift is bringing pain for workers. Despite a record quarter, the tech giant is reducing thousands of jobs as part of a broader restructuring tied to where it sees future growth.

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FOX 10 Phoenix · 2d

Cisco to cut thousands of jobs as CEO signals ‘hard decisions’ in AI race

· 2d · on MSN

Cisco to cut jobs so it can invest more in AI, and the stock rockets toward a record

2don MSN

Cisco Stock Soars After Earnings. Its DotCom Past Is Coming ’Round Again.

The company's AI orders are surging, and there's more to come.

1d

Cisco posts best day since 2011 on strong AI demand, CEO says tech is entering a 'networking supercycle'

Shares headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler ...

11d

Cisco buys Astrix Security to strengthen AI agent discovery and governance

Cisco Systems Inc. today revealed it will buy the Israeli cybersecurity firm Astrix Security Ltd. in an effort to bolster the ...

1d

Cisco to cut nearly 4,000 jobs as AI restructuring boosts revenue outlook, hyperscaler orders

Cisco will cut nearly 4,000 jobs as it shifts investments toward AI and related growth areas. The company raised its annual ...

2don MSN

Cisco lays off 4,000 employees in AI overhaul, CFO Mark Patterson says move not 'savings' driven but about 'realigning' resources

Cisco Systems CSCO is cutting nearly 4,000 jobs as part of a sweeping restructuring effort designed to accelerate its push ...

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