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Read the memo: Cisco to cut about 4,000 jobs in AI-driven restructuring

Cisco is cutting “fewer than 4,000 jobs” as the networking giant restructures its business to focus more heavily on artificial intelligence, according to a memo from CEO Chuck Robbins published Wednesday. Loading audio narration… The layoffs, which affect less than 5% of Cisco’s workforce, come as the company reported stronger-than-expected…

How 2 couples cut housing costs to speed up their path to early retirement

There’s no one-size-fits-all path to early retirement. Loading audio narration… Business Insider has spoken with dozens of people pursuing FIRE, or financial independence, retire early. Most know their numbers inside and out — annual spending, net worth, savings rate — but they use different strategies to reach their “FIRE number.”For…

Congratulations, here’s a pay cut

Since losing his job in 2023, Scott had applied to 1,600 jobs, completed 78 interviews, and depleted his savings just to stay afloat. The constant rejection had become so unbearable that he went on antidepressants. So when a recruiter from a staffing company called with a job offer last December,…

Mark Cuban says AI agents will cut workdays down by an hour

Mark Cuban said AI agents will slash an hour of work from typical workdays. Loading audio narration… In an X post on Sunday, the billionaire investor wrote that “smart, bigger companies” will let their employees create and use AI agents to improve their productivity. But he said that more importantly,…

Inside the race to cut Russia off from the global internet

Anton, a 44-year-old Russian soldier who heads a workshop responsible for repairing and supplying drones, was at his kitchen table when he learned last month that Elon Musk’s SpaceX had cut off access to Starlink terminals used by Russian forces. He scrambled for alternatives, but none offered unlimited internet, data…