{"id":215394,"date":"2026-05-17T06:46:00","date_gmt":"2026-05-17T10:46:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/17\/ciscos-record-revenue-and-4000-layoffs-amid-ai-shift\/"},"modified":"2026-05-18T06:50:23","modified_gmt":"2026-05-18T10:50:23","slug":"ciscos-record-revenue-and-4000-layoffs-amid-ai-shift","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/17\/ciscos-record-revenue-and-4000-layoffs-amid-ai-shift\/","title":{"rendered":"Cisco&#8217;s Record Revenue and 4,000 Layoffs Amid AI Shift"},"content":{"rendered":"<p><a href=\"https:\/\/www.startupecosystem.ca\/news\/ciscos-record-revenue-and-4000-layoffs-amid-ai-shift\/\">Cisco&#8217;s Record Revenue and 4,000 Layoffs Amid AI Shift<\/a><\/p>\n<p><a href=\"https:\/\/www.startupecosystem.ca\/news\/ciscos-record-revenue-and-4000-layoffs-amid-ai-shift\/\">https:\/\/www.startupecosystem.ca\/news\/ciscos-record-revenue-and-4000-layoffs-amid-ai-shift\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-17 06:46:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.startupecosystem.ca\">www.startupecosystem.ca<\/a><\/p>\n<ul>\n<li>Cisco Systems announced the elimination of 4,000 jobs, constituting less than 5% of its workforce.<\/li>\n<li>The layoffs coincide with a record quarterly revenue of $15.8 billion, which marks a 12% increase over the same period last year.<\/li>\n<li>The strategic shift involves reallocating resources to focus on high-demand areas like AI, cybersecurity, and high-speed networking equipment.<\/li>\n<li>Cisco&#8217;s CEO, Chuck Robbins, highlighted the need to concentrate on emerging technologies with long-term value.<\/li>\n<li>The company has already secured $5.3 billion in AI infrastructure orders and expects total AI orders to reach $9 billion for the fiscal year.<\/li>\n<li>Cisco is abandoning certain traditional enterprise IT roles in favor of investing in artificial intelligence and related technologies.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cisco&#8217;s Record Revenue and 4,000 Layoffs Amid AI Shift https:\/\/www.startupecosystem.ca\/news\/ciscos-record-revenue-and-4000-layoffs-amid-ai-shift\/ Publish Date: 2026-05-17 06:46:00 Source&#8230;<\/p>\n","protected":false},"author":1,"featured_media":215398,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.startupecosystem.ca\/news\/wp-content\/uploads\/2024\/11\/default-pic_big.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-215394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/215394"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=215394"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/215394\/revisions"}],"predecessor-version":[{"id":215400,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/215394\/revisions\/215400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/215398"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=215394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=215394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=215394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}