Cisco will cut fewer than 4,000 jobs globally as part of a restructuring plan focused on artificial intelligence and high-growth technologies. The company cited stronger AI-linked demand, raised its outlook, and reported quarterly revenue growth while expanding investments in security, silicon and optics
Morgan Stanley has reportedly laid off about 2,500 employees, nearly 3% of its global workforce, amid shifting business priorities and performance reviews. The cuts span multiple divisions despite record 2025 revenues, while other firms like Amazon and Oracle also trim jobs
