This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.
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Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing…
Cloudflare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't…
Cisco announced job cuts affecting roughly 4,000 staff, as CEO Chuck Robbins shifts the company's focus to AI investments, buoyed…
Shares of the networking equipment maker soared almost 19 per cent in extended trading on May 13. Read more at straitstimes.com.…
Microsoft’s chief commercial officer Judson Althoff noted AI has been so useful that Microsoft was able to save more than $500…
Layoffs are "not a savings-driven resutrcture," CFO says.
