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Cisco layoffs: Company to cut jobs of 6,000 employees amid AI pivot
Cisco is planning to cut 7% of its global workforce, the company said in a filing with the US Securities and Exchange Commission (SEC). This is the second time that the tech company has announced ...
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Cisco First-Quarter Sales Fall, But AI Investments Lift Outlook
In August, Cisco said it would cut 7% of its global workforce, or about 6,000 jobs, citing a need to cut costs and invest in growth areas, such as AI, the cloud and cybersecurity. Under this ...