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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.
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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.
