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Cisco to lay off more than 4,000 employees to focus on artificial intelligence (nypost.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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.

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[–] danielfgom@lemmy.world 16 points 10 months ago

Another idiot company who seriously thinks this will work. All that will happen is the remaining employees will have to work twice as hard to keep things afloat but the CEO will give Ai the credit....