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Cisco

Workforce Cut

Cisco to cut 7% of workforce

Cisco Systems is cutting 7% of its workforce, approximately 5,900 employees, as it shifts focus to rapidly growing areas in technology such as artificial intelligence and cybersecurity. The San Jose,

AI Investment

Cisco launches $1 billion AI investment fund

Cisco has announced a $1 billion investment fund focused on expanding and developing AI products and technologies. The company made the announcement during the Cisco Live event in Las Vegas.