AI News Cisco announces record revenue and 4,000 layoffs in the same day During a call with investors on Wednesday night, Cisco executives discussed the layoffs further, with CFO Mark Patterson saying, “This…
AI News Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’ Technology giant Cisco is cutting fewer than 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and…