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

⁨130⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨week⁩ ago⁩ by ⁨nemeski@mander.xyz⁩ to ⁨workreform@lemmy.world⁩

https://techcrunch.com/2026/05/14/cisco-cuts-nearly-4000-jobs-to-spend-more-on-ai-reports-record-quarterly-revenue/

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Comments

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  • magnetosphere@fedia.io ⁨1⁩ ⁨week⁩ ago

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

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    • osanna@lemmy.vg ⁨1⁩ ⁨week⁩ ago

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

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      • _chris@lemmy.world ⁨1⁩ ⁨week⁩ ago

        I hope they become worse than poor

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        • -> View More Comments
      • youcantreadthis@quokk.au ⁨1⁩ ⁨week⁩ ago

        Learn carpentry be the change

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  • Brkdncr@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Cisco live is in a few weeks!

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  • reluctant_squidd@lemmy.ca ⁨1⁩ ⁨week⁩ ago

    Dummies

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