Cisco announces record revenue and 4,000 layoffs in the same day
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Cisco announces record revenue and 4,000 layoffs in the same day
Layoffs are "not a savings-driven resutrcture," CFO says.
https://arstechnica.com/information-technology/2026/05/cisco-announces-record-revenue-and-4000-layoffs-in-the-same-day/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social
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@PhoenixWright @arstechnica technical workers, and specially Software developers, thought they were above the need for unions… now they’re learning it’s too late for many of them.
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Cisco announces record revenue and 4,000 layoffs in the same day
Layoffs are "not a savings-driven resutrcture," CFO says.
https://arstechnica.com/information-technology/2026/05/cisco-announces-record-revenue-and-4000-layoffs-in-the-same-day/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social@arstechnica Ars Technica: -5 for spelling. -10 for no editor
