Cisco
Jobs affected: 4,000
Events: 1
Companies affected
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No role-level impact data available.
Events timeline
layoff
Cisco cuts nearly 4,000 jobs to redirect spending toward AI and cybersecurity
Date: 2026-05-14
Company: Cisco
Jobs affected: 4,000
Cisco said it would cut around 5% of its workforce, nearly 4,000 jobs, while changing its cost structure to invest more in AI and cybersecurity after reporting strong quarterly results.