Cisco: 6,000 jobs cut
Cisco cut around 7% of its workforce shifting focus toward AI-driven networking and security products. There is strong evidence linking these cuts to AI adoption, with company leadership referencing automation and efficiency gains in public statements. Of the 6,000 total positions affected, our methodology estimates that approximately 4,500 roles (75%) are attributable to AI-driven changes.
Conservative
0
Core Estimate
4,500
Upper Bound
6,000
Sources
Cisco cuts 6,000 jobs shifting focus to AI networking and security
Cisco cut around 7% of its workforce shifting focus toward AI-driven networking and security products.
Cisco's Latest Layoff Round: A Deep Dive Into the Impact and Future - Oreate AI Blog
Cisco's Latest Layoff Round: A Deep Dive Into the Impact and Future - Oreate AI Blog In a move that has sent ripples through the tech industry, Cisco announced on September 18, 2024, that it would be cutting approximately 5,600 jobs. This marks the second round of layoffs for the networking giant this year alone. The decision comes amid a broader trend in technology where companies are reevaluating their workforce amidst economic pressures and shifting market demands. For many employees at Cis