Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge
- (Reuters)
- Reuters reports that Cisco will cut nearly 4,000 jobs in a restructuring to shift investment toward AI and related growth areas while raising its annual revenue forecast after a surge in hyperscaler orders.
https://www.reuters.com/technology/cisco-raises-annual-revenue-forecast-2026-05-13/
Read the memo: Cisco to cut about 4,000 jobs in AI-driven restructuring
- (Business Insider)
- Business Insider publishes Cisco CEO Chuck Robbins' memo and reports that the company will cut fewer than 4,000 jobs while redirecting investment toward AI chips, fiber optics, and security.
https://www.businessinsider.com/cisco-announces-4000-layoffs-ai-driven-business-shift-2026-5
Cisco To Cut Nearly 4,000 Jobs In Restructuring Push Around AI, Security
- (CRN)
- CRN reports that Cisco will notify most affected employees starting May 14 as it cuts fewer than 4,000 roles and reallocates resources toward AI, security, silicon, optics, and quantum networking.
https://www.crn.com/news/networking/2026/cisco-to-cut-nearly-4-000-jobs-in-restructuring-push-around-ai-security
Bay Area tech giant Cisco to cut thousands of jobs after record revenue
- (SFGATE)
- SFGATE reports that San Jose-based Cisco will cut fewer than 4,000 jobs after record quarterly revenue and notes that California had not yet received a WARN filing as of Wednesday.
https://www.sfgate.com/bayarea/article/cisco-layoffs-bay-area-22257875.php
Cisco to Shed Jobs for All-In AI Push
- (The Wall Street Journal)
- The Wall Street Journal reports that Cisco plans to eliminate fewer than 4,000 jobs this quarter to move more resources into silicon, optics, security, and AI.
https://www.wsj.com/business/earnings/cisco-to-cut-jobs-in-shift-to-capture-more-ai-demand-b99eeb21
Cisco to cut jobs so it can invest more in AI, and the stock rockets toward a record
- (MarketWatch)
- MarketWatch reports that Cisco plans to lay off fewer than 4,000 employees and record up to $1 billion in restructuring charges as it increases AI-related investment.
https://www.marketwatch.com/story/cisco-to-cut-jobs-so-it-can-invest-more-in-ai-and-the-stock-rockets-toward-a-record-cf9d09a9
Cisco Soars on Sales Forecast, AI-Focused Restructuring Plan
- (Bloomberg)
- Bloomberg reports that Cisco shares rose after the company announced a stronger-than-expected sales forecast and a restructuring plan tied to thousands of job cuts.
https://www.bloomberg.com/news/articles/2026-05-13/cisco-gives-better-than-anticipated-forecast-plans-to-cut-jobs
Cisco Earnings and Revenue Beat Estimates on Strong AI Demand. Its Shares Surge.
- (Barron's)
- Barron's reports that Cisco beat earnings expectations and announced roughly 4,000 job cuts as part of a restructuring tied to AI-driven demand.
https://www.barrons.com/articles/cisco-earnings-stock-price-f649ed14
Cisco Earnings, Revenue Beat As Stock Hits Record High Amid Strong AI Orders
- (Investor's Business Daily)
- Investor's Business Daily reports that Cisco's stock hit a record after strong AI orders and notes that the company announced layoffs of about 4,000 employees.
https://www.investors.com/news/technology/cisco-stock-cisco-earnings-artificial-intelligence-q12026/
Cisco announces layoffs with Q3 results
- (Seeking Alpha)
- Seeking Alpha reports that Cisco announced it will let go of fewer than 4,000 employees in conjunction with its third-quarter results and AI-focused strategy.
https://seekingalpha.com/news/4592518-cisco-announces-layoffs-in-conjunction-with-q3-results
Cisco CEO says reducing workforce in Q4 by fewer than 4,000 jobs
- (TipRanks)
- TipRanks reports Cisco CEO Chuck Robbins' statement that the company will reduce its workforce by fewer than 4,000 jobs in the fourth quarter while investing in AI, silicon, optics, and security.
https://www.tipranks.com/news/the-fly/cisco-ceo-says-reducing-workforce-in-q4-by-fewer-than-4000-jobs-thefly-news
Cisco unveils $1B overhaul, about 5% job cuts after posting blockbuster Q3 results
- (Investing.com)
- Investing.com reports that Cisco announced a restructuring with about 5% job cuts and up to $1 billion in charges after strong third-quarter results.
https://uk.investing.com/news/earnings/cisco-unveils-1b-overhaul-about-5-job-cuts-after-posting-blockbuster-q3-results-4676309
Cisco announces 4000 layoffs as Q3 earnings beat amid 'broad-based demand'
- (Yahoo Finance)
- Yahoo Finance reports that Cisco announced a restructuring plan to cut 5% of roles, or fewer than 4,000 jobs, alongside third-quarter earnings that beat expectations.
https://finance.yahoo.com/markets/live/earnings-live-updates-cisco-announces-4000-layoffs-as-q3-earnings-beat-amid-broad-based-demand-103000342.html
CISCO REPORTS THIRD QUARTER EARNINGS
- (Cisco Investor Relations)
- Cisco's earnings release says the company announced a restructuring plan with up to $1 billion in expected pre-tax charges tied to severance, termination benefits, and other costs.
https://investor.cisco.com/news/news-details/2026/CISCO-REPORTS-THIRD-QUARTER-EARNINGS/default.aspx