Cisco shifts hundreds of millions into AI and lays off seven per cent of workforce

“It's a meaningful shift, but we feel like the market is moving so quickly, we have to do that,” says Cisco CEO Chuck Robbins

clock • 10 min read
Cisco shifts hundreds of millions into AI and lays off seven per cent of workforce

Cisco Systems has crossed $1bn (£778.6m) to date in AI orders with webscale customers and predicts another $1bn in AI product orders this fiscal year. On the San Jose, California-based vendor's ...

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