By Juby Babu May 13 (Reuters) - Cisco said on Wednesday it would cut nearly 4,000 jobs, as part of a restructuring aimed at shifting investment toward artificial intelligence and related growth areas, ...
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.
Cisco reported record revenue and surging AI demand while announcing job cuts affecting thousands as it repositions for an AI-driven future.
Cisco will cut nearly 4,000 jobs as it shifts investments toward AI and related growth areas. The company raised its annual revenue forecast after strong demand from hyperscalers helped AI ...
This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.
The networking giant announced thousands of layoffs as part of a restructuring move aimed at helping shift resources to continue its investments in strategic areas as advanced AI, security, and ...
Cisco saw growing demand for AI infrastructure from hyperscalers in Q3, and on the enterprise front, it reported solid gains across data center switching, enterprise routing, wireless networking, and ...
SAN FRANCISCO (KRON) – Two of the biggest names in tech are planning thousands of job cuts between them. Cisco, in a memo to employees Wednesday, announced it would be cutting around 4,000 jobs as ...
Cisco on Wednesday announced it would conduct layoffs affecting about 4,000 staff, or under 5% of its workforce.WEF Cisco is cutting "fewer than 4,000 jobs" as the networking giant restructures its ...