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FirmDistribution@lemmy.world to Technology@lemmy.worldEnglish · 2 days ago

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

arstechnica.com

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

arstechnica.com

FirmDistribution@lemmy.world to Technology@lemmy.worldEnglish · 2 days ago
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Layoffs are "not a savings-driven restructure," CFO says.
  • Fizz@lemmy.nz
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    10 hours ago

    That doesnt even make sense

    • MadhuGururajan@programming.dev
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      8 hours ago

      congratulations on finally getting on the same page as the article and the rest of us

      • Fizz@lemmy.nz
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        7 hours ago

        So you think Cisco is shrinking its workforce?

        • Rooster326@programming.dev
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          7 hours ago

          It’s literally in the article and the headline…

          • Fizz@lemmy.nz
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            6 hours ago

            Long term they are growing. In a year or two they be at 90k and then 100k in a decade or two. The employee count cant just sit static.

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