Cisco cuts workforce for third time in 2 years, pursues AI - TechTarget

Cisco is cutting 7% of its workforce, more than 6,300 jobs, as part of a restructuring to focus on AI, cybersecurity, and cloud growth. The company has now laid off employees for the third time in two years, aiming to reallocate resources toward high-growth areas and streamline operations. The move follows a broader industry trend of layoffs driven by the urgency to invest in AI transformation.

Read at Google News (AI job losses)

All articles from 1 November 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.