Tech giant Cisco reportedly may undergo second round of layoffs affecting thousands of workers

In February, Cisco laid off an estimated 4,000 employees. Some of those employees worked at the company's Research Triangle Park campus.

[coolerking]

The Tech gravy train is over. After the first of the year Recession. Build Back Worse.

[johnd.]

If American politicians were not so cruel and corrupt, we could have a decent life! Unfortunately American financial institutions are greedy beyond belief!

[johnnyq]

I hope they lay off the H-1Bs first. There's obviously no labor shortage.

[viviana]

Watching this while preparing for ccna exam

[calipdis]

if quarterly sales are down the first measure is to quantify how many jobs losses can cover the sales decrease and do that...

[andis]

AI is double sword blade, It already ask for blood in its infancy, imagine when it's growing up.

[MegaLeoben]

They should be sued for metal harassment of employees with constant hiring and firing.

[jasonsmith]

tech workers have it's OK, and they have stock

[Darkmatter]

That cat is the coolest on sight reporter in all of reporting history

[spicywater]

I'm sorry for all the people that have their lives upended over this, but I would really like to see society return to a time before tech was a major part of our lives.

[chrisconsorte]

I was one of those who got laid off after 10 years!😢

[elephantroom]

My dream job was always the person to fire people. Met my quota today it was hard I skipped lunch but I got to fire 1, 500 people today 😅

[RezaSalamat-cp]

Their profited 10 Billion and now they are laying off 5, 000 workers, Isn't capitalism grand?/s

[colin]

I'm trying to quit my job, this doesn't look good.

[vacuumunit]

They created AI 🤖 and now AI taking their jobs

[Wahinies]

Please keep broadcom and HP from buying them

[thanosianthemadtitanic]

at this point they have played off there entire company

[openthinker]

Cisco went from 26000 employees in 2022 to 98000 that’s a 226% increase in two years. These layoffs aren’t that crazy

[tamjeanell]

What does Cisco do? Networks for businesses?

[gwyxwxg]

Rolling rolling u r Fired. Trumping u out.