--- title: "Cisco, LinkedIn cut thousands of jobs despite strong profits" type: "News" locale: "en" url: "https://longbridge.com/en/news/286569631.md" description: "Cisco and LinkedIn announced significant job cuts despite strong profits and revenue growth. Cisco plans to use the savings from layoffs to invest in AI, cybersecurity, and silicon, while LinkedIn aims for agility in an AI-driven market. This trend reflects a broader industry shift among tech firms reallocating resources towards AI and reducing workforce globally." datetime: "2026-05-15T12:59:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286569631.md) - [en](https://longbridge.com/en/news/286569631.md) - [zh-HK](https://longbridge.com/zh-HK/news/286569631.md) --- # Cisco, LinkedIn cut thousands of jobs despite strong profits Profits meet cuts: Cisco and LinkedIn announced thousands of job cuts despite reporting strong financial results and revenue growth. AI-driven strategy: Cisco says layoffs will fund investments in AI, cybersecurity, and silicon, while LinkedIn seeks agility in an AI-focused market. Industry-wide shift: The cuts mirror moves by other tech firms reallocating resources toward AI while reducing headcount across global operations. ### Related Stocks - [CSCO.US](https://longbridge.com/en/quote/CSCO.US.md) - [CSCL.US](https://longbridge.com/en/quote/CSCL.US.md) ## Related News & Research - [Cisco Systems CEO Sees AI Fueling a “Networking Super Cycle”](https://longbridge.com/en/news/286851274.md) - [Cisco (CSCO) Looked Like an Old Tech Stock. AI Is Changing the Story](https://longbridge.com/en/news/286795188.md) - [Cisco after hours stock 20% price surge - here's why (cutting ~4000 jobs)](https://longbridge.com/en/news/286327065.md) - [BUZZ-Street View: Cisco's beat-and-raise quarter pushes all the right buttons](https://longbridge.com/en/news/286389369.md) - [Cisco lifts AI orders forecast to $9B, cuts 4,000 jobs](https://longbridge.com/en/news/286612020.md)