Cisco announces record revenue and 4,000 layoffs in the same day (opens in new tab)

Covers Cisco Workforce ReductionsCovered by 6 sources including Lemmy, FortuneDiscussed on Hacker News and r/technology

Layoffs are "not a savings-driven resutrcture," CFO says.

Read the original article

Sign in to keep reading the full article.

Covered in 6 articles

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

·

CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. ‘They’ve been saying that for 20 years’

Discussed on Hacker News

The Cool Down·

Cisco posts record revenue as 4,000 layoffs hit the same day