From Cisco to Block, more companies are pointing to AI when unveiling job cuts
The cuts are part of a broader tech layoff wave as companies redirect spending toward artificial intelligence and automation, Reuters reported.
- This week, Microsoft-owned LinkedIn, Cisco Systems, and Amazon announced significant workforce reductions amid shifting operational priorities. Cisco plans to cut fewer than 4,000 jobs, while LinkedIn is laying off roughly 875 employees.
- Artificial intelligence investments are prompting restructuring efforts as businesses look to streamline operations and prioritize AI-focused infrastructure to remain competitive. Companies cite the need to shift resources toward areas where demand and long-term value creation are strongest.
- Cisco plans to cut fewer than 4,000 jobs, or less than 5% of its workforce, while LinkedIn is laying off roughly 875 employees, or 5% of its staff. Amazon is continuing cuts following its January announcement of 16,000 job reductions.
- Many workers fear that rapid adoption of artificial intelligence could threaten long-term employment stability. Some executives suggest AI adoption may eventually create new roles, though corporate explanations remain vague about immediate impacts.
- Earlier this year, major firms including Meta, Block, and Pinterest cut thousands of roles to reallocate resources toward AI. These reductions highlight a wider industry pivot toward automation and AI-powered products across tech and beyond.
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Associated Press News
From Cisco to Block, more companies are pointing to AI when unveiling job cuts
Layoffs have been piling up recently, especially in the tech world. And the words “artificial intelligence” are accompanying more and more notices about the cuts.
Cisco slashes around 4,000 jobs
Cisco announced job cuts on the same day it reported record third-quarter revenue of $15.8 billion. Cisco Chief Executive Officer Chuck Robbins published a blog post titled “Our Path Forward” on May 13, 2026, in which he shared an internal email sent to Cisco employees. The email opens with an optimistic tone, noting the company’s “double-digit top and bottom-line growth”. However, it then went on to say that Cisco will be among the “winners” …
Tech sector shake-up continues as Cisco, PayPal, and Cloudflare cut thousands of jobs - The Canadian Media
IBNS-CMEDIA: Just over five months into 2026, the global technology sector has already witnessed the loss of 108,724 jobs, with major companies continuing workforce reductions as artificial intelligence-driven restructuring reshapes the industry. The latest round of layoffs includes 4,000 job cuts at Cisco, alongside significant reductions at PayPal and Cloudflare. Industry analysts say the rapid adoption of artificial intelligence remains one o…
Cisco To Cut Almost 4,000 Jobs In AI-Driven Restructuring
Cisco's stock soared 17% after the company announced it will cut nearly 4,000 jobs as it shifts investment and staffing toward higher-growth AI opportunities. CNBC reports: CEO Chuck Robbins wrote in a blog post on Wednesday that the latest round of job cuts will begin on May 14. Cisco is the lates...
Cisco Cuts 4,000 Jobs – But is Webex Contact Center Safe?
Cisco just reported its best quarterly revenue on record. On the same day, it announced plans to cut 4,000 jobs. The company’s Q3 2026 earnings results showed $15.8 billion in revenue – up 12% year over year – with double-digit growth on both the top and bottom lines. This is undoubtedly a strong quarter on paper. But running alongside the earnings release was a restructuring announcement that, for Cisco’s contact center and collaboration custom…
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