Technology giant Cisco is cutting nearly 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal third quarter. The networking equipment ...

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"Q3 was a great quarter for Cisco with our momentum accelerating and revenue and earnings per share both growing double digits and coming in above the high end of our guidance ranges," said (Chairman ...

Cisco Systems (CSCO) shares shot up 13% after reporting its third-quarter fiscal 2026 financial results and guidance post-market on Wednesday. For the quarter ended April 25, the company reported ...

The networking giant announced thousands of layoffs as part of a restructuring move aimed at helping shift resources to continue its investments in strategic areas as advanced AI, security, and ...

Cisco is cutting "fewer than 4,000 jobs" as the networking giant restructures its business to focus more heavily on artificial intelligence, according to a memo from CEO Chuck Robbins published ...

Cisco saw growing demand for AI infrastructure from hyperscalers in Q3, and on the enterprise front, it reported solid gains across data center switching, enterprise routing, wireless networking, and ...

SAN FRANCISCO (KRON) — Two of the biggest names in tech are planning thousands of job cuts between. Cisco, in a memo to employees Wednesday, announced it would be cutting around 4,000 jobs as part of ...

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 ...

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May 13 (Reuters) - Cisco said on Wednesday it would cut nearly 4,000 jobs, as part of a restructuring aimed at shifting investment toward artificial intelligence and related growth areas, and raised ...