Cisco Layoffs 2026: Networking Giant to Cut Nearly 4,000 Jobs to Fund AI Ambitions

Cisco is cutting 4,000 jobs, under 5 per cent of its workforce, to reallocate resources toward artificial intelligence. Despite the restructuring, the firm reported strong quarterly revenue of USD 15.8 billion and raised its AI-related order forecast to USD 9 billion. Impacted employees will receive severance support.