•1 min read•from TechCrunch
Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’
This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.
Want to read more?
Check out the full article on the original site
Tagged with
#Cisco
#jobs
#layoff
#AI
#quarterly revenue
#chief executive
#growth
#spend
#record
#reports
#company
#recent years
#touts
#executive
#revenue
#cut
#financial performance
#workforce
#technology
#business strategy