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

submitted 9 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 16 points 9 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....