Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue'

Published on May 14, 2026
This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.
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Startup Battlefield 200 applications close May 27

May 14, 2026
Your shot at VC access, global visibility, TechCrunch coverage, and $100K equity-free funding is running out. Deadline to apply is May 27. Apply here.

Khosla Ventures is betting $10M on Ian Crosby, whose last startup, Bench, imploded

May 14, 2026
Crosby is building Synthetic, a fully autonomous AI bookkeeping service for other startups.