Cisco CEO: I don’t use AI to cut jobs, I just want our engineers to …

While many of its peers in Big Tech seems to be using AI as a justification for cutting jobs, Cisco Systems claims to be taking a different approach. According to CEO Chuck Robbins, the company is not using artificial intelligence to reduce its workforce. “I don’t want to get rid of a bunch of people right now,” Robbins told CNBC, adding that he wants Cisco’s engineers to “innovate faster and be more productive,” which he believes will give the company a competitive advantage. “I just want our engineers that we have today to innovate faster and be more productive. That gives us a competitive advantage,” Cisco CEO said.

This contrasts with companies like Microsoft and Amazon, which have recently laid off thousands of employees. Microsoft alone cut about 9,000 jobs in early July.