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.

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.

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

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.

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.

Tech giant is restructuring to shift resources toward AI infrastructure, silicon, optics and security; its 800-employee Israel operation could lose 30 to 40 workers

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…

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

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

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…

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…

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.

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.

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