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TechRadar

Craig Hale

'We are making clear, strategic investments': Cisco cuts 4,000 jobs, even as AI orders surge

Cisco Chuck Robbins

Cisco logo.

Cisco will be making 4,000 workers redundant very soon
Last quarter the company posted a "record" 12% growth in revenue
Investors seem happy with revenue growth and the future outlook

Cisco has confirmed it will be laying off around 4,000 workers, representing 5% of its global headcount, as part of an ongoing restructuring effort to focus on AI, silicon, optics and security.

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