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Cisco's stock pops 15% on surging AI orders, as company says it's cutting almost 4,000 jobs

Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.

Raccontata dacnbc.comhandelsblatt.combusinessinsider.comeconomictimes.indiatimes.comstraitstimes.comexpansion.comtimesofindia.indiatimes.comtechcrunch.comarstechnica.comapnews.combenzinga.comfortune.com+1 altre

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6 prospettive sulla stessa storia
AI · summaries
cnbc.comStai leggendo1 mesi fa

Cisco's stock pops 15% on surging AI orders, as company says it's cutting almost 4,000 jobs

Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.

originale
businessinsider.com1 mesi fa

Read the memo: Cisco to cut about 4,000 jobs in AI-driven restructuring

Cisco announced job cuts affecting roughly 4,000 staff, as CEO Chuck Robbins shifts the company's focus to AI investments, buoyed by strong earnings.

Leggi questa versione → originale
straitstimes.com1 mesi fa

Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge

Shares of the networking equipment maker soared almost 19 per cent in extended trading on May 13. Read more at straitstimes.com. Read more at straitstimes.com.

Leggi questa versione → originale
fortune.com1 mesi fa

'Critical infrastructure for the AI era': Cisco’s CEO on the earnings beat that sent shares to a record |…

Record $15.8 billion in revenue and a near-doubling of AI orders to $9 billion sent shares soaring.

Leggi questa versione → originale
economictimes.indiatimes.com1 mesi fa

Cisco stock price today: Why CSCO stock soared 17% after earnings and why Cisco is cutting thousands of jobs…

Cisco stock price today after CSCO earnings: Cisco's stock surged over 17% after a robust earnings report exceeding expectations. However, the company also announced plans to cut nearly 4,000 jobs to refocus on growth…

Leggi questa versione → originale
techcrunch.com1 mesi fa

Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue' | TechCrunch

This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.

Leggi questa versione → originale

Timeline cronologica

  1. lunedì 11 maggio 2026·cnbc.com

    Cisco could see a nearly 25% post-earnings boost over the next quarter, pro trader says

    Jay Woods reviews Cisco, a key company reporting earnings this week, and why traders will be dissecting this week's CPI and PPI data.

  2. mercoledì 13 maggio 2026·cnbc.com

    Cisco's stock pops 15% on surging AI orders, as company says it's cutting almost 4,000 jobs

    Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.

  3. mercoledì 13 maggio 2026·handelsblatt.com

    Netzwerkausrüster: Cisco streicht für KI-Fokus knapp 4000 Stellen – Aktie steigt kräftig

    Der Netzwerkausrüster streicht etwa fünf Prozent seiner Belegschaft zusammen. Die Investoren nehmen die Neuigkeiten positiv auf.

  4. giovedì 14 maggio 2026·businessinsider.com

    Read the memo: Cisco to cut about 4,000 jobs in AI-driven restructuring

    Cisco announced job cuts affecting roughly 4,000 staff, as CEO Chuck Robbins shifts the company's focus to AI investments, buoyed by strong earnings.

  5. giovedì 14 maggio 2026·economictimes.indiatimes.com

    Cisco stock price today: Why CSCO stock soared 17% after earnings and why Cisco is cutting thousands of jobs - here's what investors need…

    Cisco stock price today after CSCO earnings: Cisco's stock surged over 17% after a robust earnings report exceeding expectations. However, the company also announced plans to cut…

  6. giovedì 14 maggio 2026·straitstimes.com

    Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge

    Shares of the networking equipment maker soared almost 19 per cent in extended trading on May 13. Read more at straitstimes.com. Read more at straitstimes.com.

  7. giovedì 14 maggio 2026·expansion.com

    Las acciones de Cisco suben un 17%, tras anunciar que recortará 4.000 puestos de trabajo

    Una hora después del cierre de la Bolsa de Nueva York, los títulos de Cisco Systems sumaban el 17,22% respecto al dato con el que despidió la sesión, donde ya había registró...

  8. giovedì 14 maggio 2026·timesofindia.indiatimes.com

    As Cisco to layoff 4,000 employees; CEO Chuck ⁠Robbins says: Companies that will win in the AI era will be those …

    Cisco Systems has announced its plans to cut nearly 4,000 jobs as part of a major restructuring aimed at redirecting its investment toward artificial intelligence and other…

  9. giovedì 14 maggio 2026·techcrunch.com

    Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue' | TechCrunch

    This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.

  10. giovedì 14 maggio 2026·cnbc.com

    Cisco CEO says tech is entering a 'networking supercycle' as stock pops 14% on strong AI demand

    Shares headed for their best day in more than two decades after Cisco blew past its AI infrastructure and hyperscaler orders guidance for the fiscal year

  11. giovedì 14 maggio 2026·arstechnica.com

    Cisco announces record revenue and 4,000 layoffs in the same day

    Layoffs are "not a savings-driven resutrcture," CFO says.

  12. giovedì 14 maggio 2026·expansion.com

    Cisco recortará 4.000 empleos ante la IA y se dispara en Bolsa

    La tecnológica estadounidense Cisco Systems recortará casi 4.000 empleos, algo menos del 5% de la plantilla global, para reducir costes y detraer recursos para crecer en…

  13. giovedì 14 maggio 2026·expansion.com

    Cisco recortar� 4.000 empleos ante la IA y se dispara un 13,4% en Bolsa

    La tecnol�gica estadounidense Cisco Systems recortar� casi 4.000 empleos, algo menos del 5% de la plantilla global, para reducir costes y detraer recursos para crecer en…

  14. giovedì 14 maggio 2026·apnews.com

    From Cisco to Block, more companies are pointing to AI when unveiling job cuts

    Layoffs have been piling up recently, especially in the tech world. And the words “artificial intelligence” are accompanying more and more notices about the cuts.

  15. venerdì 15 maggio 2026·benzinga.com

    Cisco CEO Chuck Robbins Tells Jim Cramer 4,000-Job 'Reallocation' Is An 'Agile' Move, Not 'Cost Reduction

    Cisco CEO Chuck Robbins explains why the 4,000-job "reallocation" is an "agile" AI pivot to fund silicon and optics, not a cost cut.

  16. venerdì 15 maggio 2026·fortune.com

    'Critical infrastructure for the AI era': Cisco’s CEO on the earnings beat that sent shares to a record | Fortune

    Record $15.8 billion in revenue and a near-doubling of AI orders to $9 billion sent shares soaring.

  17. venerdì 15 maggio 2026·fortune.com

    Cisco’s AI orders forecast just hit $9 billion—and the stock surged | Fortune

    The networking giant's stock just hit an all-time high on its AI pivot.

  18. venerdì 15 maggio 2026·startmag.it

    Ahi Ai per Cisco (tra ricavi e tagli record) - Startmag

    Tra trimestri record e previsioni riviste al rialzo, Cisco ridisegna la propria struttura puntando su silicio, ottica e sicurezza