Get the latest tech news

Cisco To Cut Almost 4,000 Jobs In AI-Driven Restructuring


Cisco's stock soared 17% after the company announced it will cut nearly 4,000 jobs as it shifts investment and staffing toward higher-growth AI opportunities. CNBC reports: CEO Chuck Robbins wrote in a blog post on Wednesday that the latest round of job cuts will begin on May 14. Cisco is the lates...

None

Get the Android app

Or read this on Slashdot

Read more on:

Photo of Cisco

Cisco

Photo of jobs

jobs

Photo of driven restructuring

driven restructuring

Related news:

News photo

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

News photo

Cisco posts record revenue, then cuts 4,000 jobs

News photo

Cisco to fire 4,000 staff and generously give them free training – on Cisco