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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

15 August 2024 • 10 min read

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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Circular IT firm Foxway taps fintech, telco vet as new CEO

Navigating Net Zero - Episode 4 - Scopes 1 and 2

Vendor

Dell to carry out 'continued' layoffs through end of year

"Throughout fiscal 2025, we remain committed to disciplined cost management… We anticipate these actions will result in a continued reduction in our overall headcount,” stated the company

12 September 2024 • 4 min read