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Published May 14, 2026 at 2:01 PM

TechCrunch

May 15, 2026, 6:00 AM

Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’

Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’

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

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Canonical URL for this story: https://techcrunch.com/2026/05/14/cisco-cuts-nearly-4000-jobs-to-spend-more-on-ai-reports-record-quarterly-revenue/