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Cisco trims nearly 4,000 jobs while increasing AI and security spend
Cisco is cutting around 5% of its workforce while pointing to AI, cybersecurity, and cost-structure changes after a strong quarter.
As Cisco navigates the complexities of a rapidly evolving market, its decision to trim nearly 4,000 jobs while increasing investments in AI and security underscores a strategic pivot towards high-growth areas, potentially enhancing structural efficiency and capital liquidity. This calculated move may bolster the company's exit viability by aligning its workforce with emerging opportunities in cybersecurity and AI. By