Cisco Announces Nearly 4,000 Job Cuts as Part of AI-Focused Restructuring

Cisco Systems announced plans to cut nearly 4,000 jobs in a restructuring aimed at focusing on artificial intelligence and other high-growth areas. The company reported $15.8 billion in revenue for Q3 fiscal 2026, up 12% year-over-year, with significant AI infrastructure orders expected.

By Alexei Alexis Thu, May 14, 2026 at 6:46 PM GMT+3 2 min read · Yahoo Finance · May 14, 2026, 15:46 UTC

Cisco Announces Nearly 4,000 Job Cuts as Part of AI-Focused Restructuring

Tickers: $CSCO

Topics: AI Earnings Report Workforce Restructuring

Read the full article at Yahoo Finance

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