Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue' | TechCrunch
In Brief Posted: 7:01 AM PDT · May 14, 2026 Zack Whittaker Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’ Technology giant Cisco is cutting nearly 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal… …