Cisco Cuts Nearly 4,000 Jobs, Pivots to AI Support
Cisco has announced layoffs affecting nearly 4,000 employees. This comes as the company reports record quarterly revenue and an increased focus on the AI sector.
What happened?
Networking giant Cisco implemented a redundancy notice on 14 May 2026, covering nearly 4,000 employees. The layoffs are part of the company's restructuring and strategy for future growth. Simultaneously, Cisco announced that it had achieved record quarterly revenues.
Key facts
| Datum för varsel | 14 maj 2026 |
|---|---|
| Antal varslade | Nära 4 000 |
| Fokusområde | Artificiell intelligens (AI) |
”Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.”
Why it matters
The company is reshaping its operations to focus more on strategic growth areas, where artificial intelligence (AI) forms a central part. This restructuring aims to shift resources and expertise toward new innovations and adapt to shifting market demand. The restructuring means that certain traditional business areas will be de-prioritised.
Who is affected?
The layoffs affect employees across various parts of Cisco globally. Simultaneously, developers and engineers in the AI field may see increased demand for their skills within the company. The decision also affects shareholders through a changed investment strategy.
What else you should know
This is not the first time Cisco has implemented extensive layoffs in recent years. The company's CEO, Chuck Robbins, has on several occasions highlighted the company's record revenue and growth.
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