Cisco Cuts Nearly 4,000 Jobs in Strategic Shift Towards AI
Cisco is cutting nearly 4,000 jobs, less than 5% of its workforce, as part of a strategic shift to focus on artificial intelligence and high-growth areas.
Cisco is cutting nearly 4,000 jobs, less than 5% of its workforce, as part of a strategic shift to focus on artificial intelligence and high-growth areas.
Cloudflare announced a 20% workforce reduction, impacting 1,100 employees, as it pivots to an "agentic AI-first operating model" and integrates AI tools
May 8, 2026
Coinbase cut 14% of its global workforce, approximately 700 employees, citing a crypto market downturn and a strategic shift towards AI-driven operations
May 5, 2026
FreshRealm, a fresh-food platform, has filed for Chapter 11 bankruptcy, leading to layoffs affecting hundreds of employees across New Jersey and
May 4, 2026
Expedia is planning to permanently lay off 100 employees at its Austin corporate offices near The Domain as part of broader restructuring efforts.
Apr 26, 2026
Snowflake reportedly cut about 70 employees in targeted layoffs tied to efficiency and AI growth, including technical writing and documentation roles.
Apr 26, 2026
Spotify cut 15 employees, about 3% of its podcast division, affecting Spotify Studios and The Ringer amid a broader restructuring of its podcast strategy.
Apr 26, 2026
Sight Diagnostics has reportedly laid off its remaining employees after prior cuts, putting the Israeli blood-testing startup on the brink of closure.
Apr 25, 2026
The PGA Tour has eliminated just under 80 positions, representing 4 percent of its workforce, as part of cost-cutting measures amid financial
Apr 23, 2026