techcrunch
PublishedMay 14, 2026 at 2:01 PM
—neutral
Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’
Publisher summary· verbatim
This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.
Stay posted· Newsletter
A 5-min weekly brief — top movers, price watch, story of the week.
Discussion
No replies yet. Be first.
The Bubble Brief
WEEKLYRead AI insights every Tuesday — top movers, new releases, story of the week.
Originally published on techcrunch ↗