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Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’

tech TechCrunch By Zack Whittaker Thu, 14 May 2026 14:01:14 GMT 1 min read
Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’

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

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

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