The US technology sector planned to eliminate 38,242 positions in May, the highest for the industry since August 2024. The ...

Cisco has announced a 5% workforce reduction affecting nearly 4,000 employees. CEO Chuck Robbins confirmed the layoffs are part of a strategic pivot toward AI infrastructure, focusing on silicon, ...

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

Cisco announced another wave of mass layoffs on Wednesday, even as the Bay Area tech giant brings in record revenue and ...

Following a quarter in which his company delivered record revenue, Cisco CEO Chuck Robbins announced that the company’s ...

The tech giant is looking to further its AI ambitions.

Cisco reported record revenue and surging AI demand while announcing job cuts affecting thousands as it repositions for an AI-driven future.

Cisco CFO Mark Patterson said the restructuring was "not a savings-driven" exercise, calling it instead a rapid reallocation of resources toward silicon, optics, security, and AI.

Layoffs in the technology sector have surged in the first part of 2026, already topping 100,000 by early May. That’s according to a new report from Statista based on data compiled from online layoff ...

Huang said that leaders should be more cautious when talking about AI.

Cisco shares rallied after the networking giant posted earnings that beat analysts' estimates and announced a plan to trim staff.

A number of companies, including Snap, GitLab, and Wix, have attributed recent staff reductions to AI.