Cisco cuts 471 California jobs amid strong revenue quarter and AI push; Oracle trims 500 roles

Cisco disclosed that 471 jobs in California will be cut. The move comes as the company reported its best revenue quarter in years, driven in part by an accelerated push into artificial intelligence solutions.

Oracle confirmed that about 500 employees are being let go, with the reductions spanning multiple departments. The layoffs are part of an ongoing restructuring effort that the firm has communicated over recent weeks.

In both cases, the reductions are linked to broader strategic priorities rather than a decline in overall business health. Cisco is reallocating resources to support its AI initiatives, while Oracle is streamlining operations to improve efficiency and manage costs as it adapts to evolving market demands.

The announcements underscore how leading tech firms are balancing growth in emerging technologies with disciplined cost structures, often resulting in workforce adjustments even during periods of strong revenue performance.