Cisco layoffs today: Tech giant slashes thousands of jobs as CEO touts record revenue and urgent focus on AI

Cisco layoffs today: Tech giant slashes thousands of jobs as CEO touts record revenue and urgent focus on AI

By Sarah Fielding
Publication Date: 2026-05-14 12:32:00

Shares of the networking giant, already near record highs, jumped by double digits as Chuck Robbins laid out plans to make Cisco “one of those winners.”