![\"Chuck](\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/05\/20191ca525c4335b53aa7fed919ce6a0.jpeg\")
Chuck Robbins, CEO of Cisco Systems, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA \/ AFP) | Image Credits:Kent NISHIMURA \/ Getty Images <\/p>\n Chuck Robbins, CEO of Cisco Systems, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA \/ AFP) | Image Credits:Kent NISHIMURA \/ Getty Images <\/p>\n
Technology giant Cisco is cutting fewer than 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue<\/a> in its fiscal third quarter.<\/p>\n The networking equipment maker said it reducing its headcount in order to change its \u201ccost structure\u201d and invest in AI and cybersecurity.<\/p>\n Cisco\u2019s decision follows a recent trend of tech companies increasingly citing a priority on AI spending as a reason to let employees go. Cloudflare<\/a> and General Motors<\/a> have both laid off staff in recent days, despite reporting strong financial results.<\/p>\n Cisco said it plans to invest more in cybersecurity, as the company continues to contend with a slew<\/a> of security vulnerabilities<\/a> in its routers and firewalls that have allowed hackers to break into the networks of its corporate customers, including the U.S. government<\/a>. Cisco last year also experienced a data breach<\/a> in which customers\u2019 personal information was affected.<\/p>\n In a blog post<\/a> published Wednesday, Cisco\u2019s chief executive Chuck Robbins touted the company\u2019s \u201crecord revenue\u201d and \u201cdouble-digit growth,\u201d while acknowledging that the company was making strategic investments \u201cin our employees\u2019 use of AI across the company.\u201d<\/p>\n According to public filings<\/a>, Robbins was slated to earn more than $52 million in executive compensation during 2025. When reached by TechCrunch, a Cisco spokesperson did not comment beyond Robbins\u2019 statement, or say, when asked, if Robbins plans to reduce his compensation.<\/p>\n This is the latest round of job cuts at Cisco in recent years. The company laid off thousands of employees during two separate layoffs in 2024<\/a>, and cut 150 jobs<\/a> in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"Chuck Robbins, CEO of Cisco Systems, speaks during the 2026 Semafor World Economy conference in Washington, DC, on…\n","protected":false},"author":2,"featured_media":484570,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[291,289,290,100686,1492,18,19,17,211895,82],"class_list":{"0":"post-484569","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-chuck-robbins","12":"tag-cisco-systems","13":"tag-eire","14":"tag-ie","15":"tag-ireland","16":"tag-kent-nishimura","17":"tag-technology"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116573870122245999","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/484569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=484569"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/484569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/484570"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=484569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=484569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=484569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}