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Technology@piefed.socialEnglish · 8 days ago

Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’

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cross-posted to:
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Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’

misk@piefed.social to

Technology@piefed.socialEnglish · 8 days ago

1

cross-posted to:
workreform@lemmy.world

Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue' | TechCrunch

This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.

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Dump cisco

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