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Cisco plans to cut more than 4,000 jobs as growth comes to a grinding halt

Cisco had almost 85,000 employees as of last year, suggesting that the move will involve approximately 4,000 jobs. The restructuring will cost about $500 million. ....

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Cisco to cut more than 4,000 jobs, lowers annual revenue forecast, ET Telecom

Meanwhile, Cisco is focusing on artificial intelligence and partnership with Nvidia to boost growth. CEO Robbins said Nvidia agreed to use Cisco s ethernet with its own technology that is widely used in data centers and AI applications. ....

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