Cisco Cuts Nearly 4,000 Jobs To Spend More On AI, Reports ‘Record Quarterly Revenue’
Cisco layoffs 2026 see nearly 4,000 jobs cut as the company shifts spending toward AI and cybersecurity growth.
Cisco Cuts Nearly 4,000 Jobs To Spend More On AI, Reports ‘Record Quarterly Revenue’
Cisco layoffs 2026 are making headlines after the networking giant announced plans to cut nearly 4,000 jobs despite reporting strong quarterly revenue growth. The company says the move is part of a broader strategy to invest more aggressively in artificial intelligence and cybersecurity. The decision reflects a growing trend across the tech industry, where companies are reducing headcount while redirecting billions into AI infrastructure, automation, and security technologies. Cisco Cuts Thousands of Jobs Despite Strong Revenue Growth Cisco surprised many industry observers after revealing another major workforce reduction while simultaneously celebrating record quarterly revenue. The company confirmed it is cutting fewer than 4,000 employees, representing roughly 5% of its global workforce. The timing has sparked debate because the layoffs arrive during a period of strong financial performance. Cisco executives highlighted better-than-expected revenue and profit results in the company’s…
