Cisco Systems Plans Thousands of AI-Focused Job Cuts
Cisco Systems plans to cut several thousand workers to reinvest in artificial intelligence. The computer networking equipment maker aims to shift resources towards AI development. Cisco Systems is planning to cut thousands of jobs, focusing on AI-related roles. The company's hub in San Jose is reportedly large enough to accommodate thousands of employees. The company's plans were mentioned by multiple sources.
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Sources · 7 independent
Bloomberg Radio
“Cisco Systems plans to cut several thousand workers. So the computer networking equipment maker can invest more money in AI.”
NBC News Radio
“hub in San Jose is big enough to accommodate thousands of employees.”
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