Cisco announces record revenue and 4,000 layoffs in the same day
Following a quarter in which his company delivered record revenue, Cisco CEO Chuck Robbins announced that the company’s latest round of layoffs begins today. In a blog post yesterday, Robbins was quick to boast that Cisco’s fiscal Q3 2026 earnings saw revenue increase 12 percent year-over-year to $15.8 billion. He told employees that he and the rest of Cisco’s executive leadership team “could not be prouder of the growth you…








