Technology · 1 views

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.

Source TechCrunch AI Summary Updated May 14, 2026

Story intelligence Beta

Freshness Stale Updated May 14, 2026

Confidence Limited Single-outlet story

Coverage Single outlet

Views 1 Community interest

Read time 1 min ~18 words

AI Summary

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

AI summaries can be wrong sometimes—always verify important details using the source article.