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Nemeski@mander.xyz to Work Reform@lemmy.world · 10 days ago

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

techcrunch.com

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  • cross-posted to:
  • technology@piefed.social
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Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue'

techcrunch.com

Nemeski@mander.xyz to Work Reform@lemmy.world · 10 days ago
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9
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  • cross-posted to:
  • technology@piefed.social
Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue' | TechCrunch
techcrunch.com
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This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.
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  • magnetosphere@fedia.io
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    10 days ago

    It’ll be fun when this particular “companies setting themselves up for failure” era ends.

    • osanna@lemmy.vg
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      10 days ago

      i fucking HOPE that a lot of rich people become poor. But i know the chances of that are slim.

      • _chris@lemmy.world
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        10 days ago

        I hope they become worse than poor

        • osanna@lemmy.vg
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          10 days ago

          let’s make it happen!

          • Lemmayng@lemmy.world
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            10 days ago

            At the rate we’re going, we’re likely to see the rich “worse than poor” than see them become poor.

            • youcantreadthis@quokk.au
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              10 days ago

              I don’t see what would be worse about it I’d preally prefer that

      • youcantreadthis@quokk.au
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        10 days ago

        Learn carpentry be the change

  • Brkdncr@lemmy.world
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    10 days ago

    Cisco live is in a few weeks!

  • reluctant_squidd@lemmy.ca
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    9 days ago

    Dummies

Work Reform@lemmy.world

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

  • All workers must be paid a living wage for their labor.
  • Income inequality is the main cause of lower living standards.
  • Workers must join together and fight back for what is rightfully theirs.
  • We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

  • Higher wages for underpaid workers.
  • Better worker representation, including but not limited to unions.
  • Better and fewer working hours.
  • Stimulating a massive wave of worker organizing in the United States and beyond.
  • Organizing and supporting political causes and campaigns that put workers first.
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