Cisco revealed plans to slash its headcount by 5% — roughly 4,250 employees across the tech behemoth’s global workforce — as it steps up its focus on artificial intelligence. San …

Cisco to lay off more than 4,000 employees to focus on artificial intelligence::Cisco revealed plans to slash its headcount by 5% on Wednesday, which will affect roughly 4,250 employees across the tech behemoth’s global workforce.

  • Shadow@lemmy.caEnglish
    34·
    9 months ago

    Really kind of them to let their investors know first, rather than the people impacted. I bet morale there is wonderful.

    • normalexit@lemmy.worldEnglish
      3·
      9 months ago

      One of my friends is a developer there, they knew vaguely it was going to happen after a town hall meeting, but didn’t know who was going to make the cut.