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News/Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’
techcrunch
PublishedMay 14, 2026 at 2:01 PM
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Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’

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

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