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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.

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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.
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.

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

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

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

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