Our Path Ahead – Cisco Blogs

This afternoon, we shared the next e-mail with Cisco staff.

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Workforce,

In the present day we introduced our Q3 FY26 earnings with report income of $15.8 billion, up 12 % 12 months over 12 months, and double-digit high and bottom-line development. The ELT and I couldn’t be prouder of the expansion you’ve gotten all delivered for Cisco.

These outcomes are much more spectacular given the advanced setting we’re working in – a quickly altering market, with intensifying competitors, and a world scarcity of elements essential to help our portfolio and the AI buildout from our prospects.

The businesses that may win within the AI period might be these with focus, urgency, and the self-discipline to repeatedly shift funding towards the areas the place demand and long-term worth creation are strongest. I’m assured Cisco might be a kind of winners. This implies making exhausting choices – about the place we make investments, how we’re organized, and the way our value construction displays the chance in entrance of us.

With this, we’re making adjustments right this moment that may end result within the discount of our general workforce in This autumn by fewer than 4,000 jobs, representing lower than 5 % of our whole worker base. Most notifications will start on Might 14 and proceed globally in alignment with relevant native legal guidelines and laws. For workers whose roles are impacted, leaders will share particulars straight – together with timing, accessible sources, help, and advantages in every nation. This can embody pro-rated fee of FY26 bonuses to impacted staff. We are going to present help find new alternatives, whether or not inside or exterior, by Cisco’s placement providers – a program that has seen 75 % of members uncover their subsequent function. We’re additionally dedicated to continued personalised studying and can present one 12 months of entry to all Cisco U programs and certifications, protecting AI, Safety, Networking, and extra.

Whereas we’re decreasing roles in some areas, we’re making clear, strategic investments – significantly in silicon, optics, safety, and in our staff’ use of AI throughout the corporate. These investments are constructing from a place of power – and specializing in the applied sciences and companies that may speed up our development, ship unmatched innovation to prospects and companions, and outline our future.

To these leaving Cisco, thanks on your contribution, your dedication, and the mark you’ve gotten made on this firm. We’re deeply grateful and are dedicated to dealing with this transition with the care, readability, and respect that defines our tradition.

For individuals who will proceed right here, we are going to talk about these adjustments and reply questions on the Cisco Beat on Might 21 at 8 a.m. PT.

We now have necessary, impactful, and consequential work forward. Your focus, resilience, and management are important to our development and relevance in FY27 and past.

Chuck and the Government Management Workforce