Cisco announces record revenue and 4,000 layoffs in the same day

Comments

• Dr_Fetus_Jackson@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  Huh …who would’ve thunk it ?

  Cisco plans to turn the layoffs into investments in “silicon, optics, security, and in our employees’ use of AI across the company,” according to Robbins.

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  • pelespirit@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

    This is so fucking stupid in the long run. Who do they think is going to buy their products if no one has a job? So dumb you assholes.

    source

    • Seppo@sopuli.xyz ⁨3⁩ ⁨weeks⁩ ago

      Line go up. No other consideration is made.

      source
• reddig33@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  Meanwhile, they are running “Careers at Cisco!” ads on YouTube.

  source