AI & Jobs Cisco cut 4,000. Three months later it named the metric: earnings per employee.
Cisco closed fiscal 2026 on August 12 with Q4 revenue of $17.3B, up 18%, and GAAP net income up 51%. CFO Mark Patterson said the year set 30-year highs in revenue, non-GAAP operating margin and earnings per employee. Cisco cut roughly 4,000 people three months ago.