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AI Causes Another 4,000 Layoffs
Key takeaways
- Mc Intyre Thu, May 14, 2026 at 9:53 PM GMT+7 2 min read CSCO MSFT GOOG NVDA Quick Read Are AI Layoffs An Excuse To Help Earnings?
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Cisco Systems wasn t one of them.
- Cisco (NASDAQ: CSCO), one of the older big tech companies in America, said in its earnings announcement that it would cut 4,000 jobs as it moves its businesses toward AI.
AI Causes Another 4,000 Layoffs Douglas A. Mc Intyre Thu, May 14, 2026 at 9:53 PM GMT+7 2 min read CSCO MSFT GOOG NVDA Quick Read Are AI Layoffs An Excuse To Help Earnings?
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Cisco Systems wasn t one of them. Get them here FREE.
Cisco (NASDAQ: CSCO), one of the older big tech companies in America, said in its earnings announcement that it would cut 4,000 jobs as it moves its businesses toward AI. Cisco calls itself “The critical infrastructure for the AI era.” That is a way to drive a stock up without really saying much.
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