Cisco to lay off 471 workers at three Bay Area offices

Cisco has announced it will permanently lay off 471 workers across three Bay Area offices as part of a global restructuring. The layoffs come as the company reported $5.3 billion in orders for AI infrastructure, signaling a strategic shift toward artificial intelligence.

The job cuts are part of a broader restructuring plan that Cisco has not fully detailed.

Cisco's move reflects a wider trend in the technology industry, where companies are reallocating resources toward AI and away from traditional roles. The layoffs also underscore the ongoing debate about AI's impact on employment, with some analysts arguing that such disruptions will be 'uneven' rather than catastrophic. Cisco has not commented on whether further layoffs are anticipated.