Cisco lays off 4000 to focus on AI. Stock jumps 12% on stellar earnings. Yes, Cisco announced on Wednesday, May 13, 2026, that it is laying off nearly 4,000 employees, representing approximately 5% of its workforce. [1, 2]Key Details: - Reasoning: The job cuts are part of a restructuring plan designed to shift investment toward high-growth areas, specifically artificial intelligence (AI) and security. - Financial Impact: Cisco expects to incur up to \(\$1\) billion in charges related to these layoffs, with \(\$450\) million expected to be recognized in the current quarter. - Context: Despite the layoffs, the company raised its annual revenue forecast for fiscal 2026 due to strong demand for AI infrastructure, and its stock rose 14% in extended trading. - Pattern: These cuts follow a similar pattern to 2024 and 2025, where Cisco implemented multiple rounds of layoffs while simultaneously investing in AI. While layoffs are occurring, reports indicate that Cisco is continuing to hire in specialized areas such as AI networking, security, and silicon design.
Sent from Yahoo Mail for iPhone On Thursday, May 7, 2026, 11:10 PM, Dick Williams <[email protected]> wrote: More job cuts due to AI. Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes PUBLISHED THU, MAY 7 20266:13 PM EDTUPDATED 5 HOURS AGOLola Murti@IN/LOLAMURTI/@LOLAVKM - Cloudflare shares plummeted after-hours Thursday as the company announced it is cutting over one-fifth of its workforce. - The company’s first-quarter earnings beat analysts’ expectations. - CEO Matthew Prince emphasized the role that agentic artificial intelligence played in the announced cuts, which affect over 1,100 employees globally. Sent from Yahoo Mail for iPhone On Thursday, April 30, 2026, 1:34 PM, Dick Williams <[email protected]> wrote: To Brian, I’m a voracious reader. I’d consider that research. Most people would. My sources are impeccable. Award winning journalism, professional sources like JAMA, NEJM for medical research. (Not the idiot RFK jr) I don’t watch Fox “news” which isn’t news at all. They’ve never won a journalism award and had to pay Dominion Voting Systems almost 800 million for lying. I highly doubt you have even a minuscule amount of knowledge about AI. CNBC is a great source for AI information. Not a day goes by without numerous articles and interviews about AI. It has allowed me to profit greatly from companies that are investing trillions in it. Thanks for your attention to this matter. Sent from Yahoo Mail for iPhone On Thursday, April 30, 2026, 1:24 AM, Brian Westerman <[email protected]> wrote: To Dick, I mostly ignore your rants, but since you singled me out I will respond to you, though I will most likely not in the future. I get my information through research and personal experience, not by quoting others which seems to be abstruse for you. It might be refreshing for you to make an effort to get your information by a little genuine research on your own. Relying on other places that themselves use AI to gather incomplete or even bogus information, only to provide it to others in this forum is the same as getting it from the spurious AI source yourself and posting it here. My reference to your original information was merely to point out that it was erroneous and misleading, most likely misrepresented by you or your "source" and twisted away from the truth, lacking any solid evidence or basis in fact as presented by you. Things are a lot more nuanced with respect to AI than you seem capable of believing or understanding. But I have noticed you seem to try to group unrelated things together to generate some "facts" which I guess are supposed to make complete sense in whatever unrealistic world that you inhabit. I honestly believe it's just a matter of you wanting to have something to do with your time. You must have been really tedious to work with. Did they give you a party when you retired, or did they just have a party and not invite you? :) I don't really expect you to understand, but I have much better things to do with my time, so in the future please don't send me directed communication through this forum. If you want to discuss something with me, send me an email, if you just want to rant, then please bother someone else. Hopefully this ends this thread. Brian On Wed, 29 Apr 2026 15:37:56 +0000, Dick Williams <[email protected]> wrote: >To Brian Westerman. My post were not derived from any AI source. I get nearly >all my AI information from CNBC, the Guardian, AP, Bloomberg, BBC, and half a >dozen award winning journalistic sources. Software companies are getting >slammed in the stock market. Because AI will replace many of them. > > >Sent from Yahoo Mail for iPhone > > >On Sunday, April 26, 2026, 9:18 AM, Sonny Gupta ><[email protected]> wrote: > >We are currently providing a z/OS platform to the founders of Hypercubic AI >(https://www.hypercubic.ai/en >), and it has been interesting to see the direction they are taking. Their >core focus is enabling AI to handle application management—an area with >significant potential for transformation. They are preparing to launch their >solution in the coming weeks and are offering trial access, which should >provide valuable insight into how this approach performs in real-world >environments. > >In a recent conversation, I spoke with a physician who shared that the medical >field is already exploring AI-driven diagnostics, particularly in areas such >as X-ray analysis. It reinforces a broader point: no industry is insulated >from the impact of AI. > >As AI continues to evolve, roles across industries—including highly >specialized ones—are likely to shift rather than disappear. We are still in >the early stages, and the next few years will be critical in understanding how >AI reshapes workflows, decision-making, and operational models across sectors. > >It will be fascinating to watch—and be part of—that evolution. > >SG > >---------------------------------------------------------------------- >For IBM-MAIN subscribe / signoff / archive access instructions, >send email to [email protected] with the message: INFO IBM-MAIN > > > > >---------------------------------------------------------------------- >For IBM-MAIN subscribe / signoff / archive access instructions, >send email to [email protected] with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
