LinkedIn, Cisco, and Amazon Announce Layoffs Amid Tech Industry Restructuring

Tech companies including LinkedIn (owned by Microsoft), Cisco Systems, and Amazon are laying off workers as part of restructuring efforts to focus on artificial intelligence. Cisco reported $15.8 billion in revenue for its third quarter ending April 2026 while cutting less than 4,000 jobs.

By Queenie Wong Thu, May 14, 2026 at 8:14 PM GMT+3 3 min read · Yahoo Finance · May 14, 2026, 17:14 UTC

LinkedIn, Cisco, and Amazon Announce Layoffs Amid Tech Industry Restructuring

Tickers: $AMZN $CSCO $MSFT

Topics: AI investment layoffs tech industry

Read the full article at Yahoo Finance

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