Cisco layoffs hit 4,000 jobs as hyperscaler AI orders near USD 9 billion

Cisco said it will cut nearly 4,000 jobs as part of a restructuring exercise aimed at moving investments toward AI and related growth segments. At the same time, the company raised its annual revenue forecast after seeing a sharp rise in hyperscaler-driven AI infrastructure demand, reported by Reuters . The announcement showed an industry pattern where large technology companies are increasingly reallocating spending toward AI-linked infrastructure businesses while reducing exposure to slower-growth legacy segments. Over the last 18 months, networking, cloud, and semiconductor companies have steadily redirected capital toward AI infrastructure, data-centre expansion, silicon, and automation. What started as experimentation around generative artificial intelligence is now becoming a deeper operational and infrastructure transition. AI spending is changing priorities Cisco said it has secured USD 5.3 billion in AI infrastructure orders from hyperscalers so far this fiscal year. The compa