By Juby Babu 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, ...

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

Cisco announced job cuts affecting roughly 4,000 staff, as CEO Chuck Robbins shifts the company's focus to AI investments, buoyed by strong earnings.

Cisco reported record revenue and surging AI demand while announcing job cuts affecting thousands as it repositions for an AI-driven future.

Two of the biggest names in tech are planning thousands of job cuts between them. Cisco, in a memo to employees Wednesday, announced it would be cutting around 4,000 jobs as part of a shift in focus ...

Cisco is cutting nearly 4,000 jobs while doubling down on artificial intelligence after reporting stronger-than-expected ...

Cisco’s stock soars into record territory, after the networking giant announced plans to invest more in AI and upbeat ...

Cisco Systems is planning to cut nearly 4,000 employees as part of a broader strategic shift toward artificial intelligence (AI), following a stronger-than-expected earnings report on Wednesday. The ...

Major technology companies are reducing workforces with Cisco cutting 4,000 positions and LinkedIn eliminating 875 jobs, following Amazon's January announcement of potential 16,000 layoffs.

Layoffs have been piling up recently, especially in the tech world. And the words “artificial intelligence” are accompanying ...