Cisco announces record revenue and 4,000 layoffs in the same day

https://ift.tt/kvzWR0u

Cisco announces record revenue and 4,000 layoffs in the same day

May 14, 2026 at 10:47PM
Scharon Harding
Article image

Following a quarter in which his company delivered record revenue, Cisco CEO Chuck Robbins announced that the company's latest round of layoffs begins today.

In a blog post yesterday, Robbins was quick to boast that Cisco’s fiscal Q3 2026 earnings saw revenue increase 12 percent year-over-year to $15.8 billion. He told employees that he and the rest of Cisco’s executive leadership team “could not be prouder of the growth you have all delivered for Cisco.”

But that pride could apparently not save the company’s successful employees from unemployment.

Read full article

Comments

2026-05-14T11:00:23-07:00000 layoffs in the same day, Cisco announces record revenue and 4

Comments

Post a Comment

Popular posts from this blog

This 4K 27-Inch Dell Monitor Features USB-C And Costs Just $289.98 Today

Image
https://ift.tt/DdTH0Ut This 4K 27-Inch Dell Monitor Features USB-C And Costs Just $289.98 Today August 27, 2025 at 11:03PM Oliver Haslam Upgrading your monitor is one of the quickest and easiest ways to upgrade your computing experience, whether you're getting work done or playing the latest games. You really want something of at least 27 inches where possible, and this deal fits the bill. Order soon, and this 4K 27-inch monitor will be yours for just $289.98. The post This 4K 27-Inch Dell Monitor Features USB-C And Costs Just $289.98 Today first appeared on Redmond Pie . Read more August 28, 2025 at 12:07AMThis 4K 27-Inch Dell Monitor Features USB-C And Costs Just $289.98 Today
Read more