Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’ - TechCrunch

Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’ - TechCrunch
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Technology giant Cisco is cutting fewer than 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal third quarter.  The networking equipme… [+1445 chars]

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