AI’s purpose is to boost productivity, not cut jobs: Cisco CEO on AI-based layoffs

While the rest of the industry is eager to reduce headcount in the wake of using AI to replace human workforce, Cisco has a different idea. The company’s CEO, Chuck Robbins, has made it clear that unlike its rivals, Cisco isn’t interested in letting go of its human resources. Instead, it is betting high on AI to give it a strategic advantage to its human workforce.

Robbins emphasised that the company’s AI strategy is focused on enhancing engineer productivity rather than cutting jobs.