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Technology giant Cisco is cutting about 4,000 jobs, or about 5% of its workforce, despite the announcement. profit and profit more than expected in its third financial quarter.
The internet hardware maker said it is reducing its volume to improve its “value” and invest in AI and cybersecurity.
Cisco’s decision follows a recent trend in tech companies that are increasingly touting investment in AI as a reason to let employees go. Cloudflare and General Motors Both have laid off their jobs in the past few days, although they have said they have good financial results.
Cisco has said it plans to invest heavily in cybersecurity, as the company continues to struggle the murderer about security vulnerabilities in its routers and firewalls that have allowed hackers to break into its customers’ networks, including the US government. Cisco last year met again data breach how customer information was affected.
In blog post published Wednesday, Cisco CEO Chuck Robbins pointed to “company history” and “double-digit growth,” while admitting that Cisco is making smart investments “to use our employees in AI across the company.”
According to to public recordsRobbins was supposed to earn more than $52 million in salary during 2025. When reached by TechCrunch, a Cisco spokesperson did not respond to anything more than Robbins’ statement, or say, when asked, if Robbins wants to reduce his salary.
This is the latest job cut at Cisco in recent years. The company laid off thousands of workers at two separate meetings in 2024 and cutting more than 150 jobs in 2025.
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