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Last updated May 21, 2026 (about 3 months ago).

people · May 21, 2026

Cisco Announces 4,000 Job Cuts as Part of AI-Focused Restructuring

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Cisco announced plans to cut around 4,000 jobs, representing about 5% of its workforce, effective through the fiscal fourth quarter. The restructuring reallocates resources to silicon, optics, security, and AI infrastructure while shifting focus away from other areas. Cisco CEO Chuck Robbins stated the company needs to invest in long-term value creation areas amid AI opportunities. The cuts follow record fiscal Q3 2026 revenue of $15.8 billion and occur despite double-digit growth in AI-related orders.

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