Cisco Systems began notifying roughly 4,000 employees on May 14, 2026, that their jobs were eliminated — the same day the San Jose networking giant posted record quarterly revenue of $15.8 billion, a ...

SAN FRANCISCO (KRON)– Two of the biggest names in tech are planning thousands of job cuts between them. Cisco, in a memo to employees Wednesday, announced it would be cutting around 4,000 jobs as part ...

This is read by an automated voice. Please report any issues or inconsistencies here. Job cuts are hammering the tech industry as companies ramp up investments in artificial intelligence. This week, ...

And so being able to move fast, we don’t always have the exact resources that we need going forward in the right places. And so that’s really what this is about versus savings. Click to expand... If ...

This was a clean beat-and-raise report. Cisco's Q3 sales rose 12% year over year to $15.8 billion. Adjusted earnings increased 10% to $1.06 per diluted share. The Street consensus had pointed to ...

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Technology giant Cisco is cutting nearly 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal third quarter. The networking equipment ...

Following a quarter in which his company delivered record revenue, Cisco CEO Chuck Robbins announced that the company’s latest round of layoffs begins today. In a blog post yesterday, Robbins was ...

Cisco Systems is planning to cut nearly 4,000 employees as part of a broader strategic shift toward artificial intelligence (AI), following a stronger-than-expected earnings report on Wednesday. The ...

On Wednesday, Cisco Systems announced impressive quarterly earnings alongside nearly 4,000 job cuts. The dichotomy stemmed from the hardware and networking company’s embrace of a rapidly growing trend ...

Following a strong earnings report, Cisco Systems has announced that it will be laying off nearly 4,000 employees, looking to shift towards AI. The technology conglomerate will join multiple big tech ...