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Cisco announces record revenue and 4,000 layoffs in the same day
Layoffs are "not a savings-driven resutrcture," CFO says.
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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.
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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.
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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…
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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.
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arstechnica.com
Cisco announces record revenue and 4,000 layoffs in the same day
Layoffs are "not a savings-driven resutrcture," CFO says.
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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.