this post was submitted on 16 Feb 2024
298 points (98.7% liked)

Technology

59207 readers
3158 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
298
Cisco to lay off more than 4,000 employees to focus on artificial intelligence (nypost.com)
submitted 8 months ago by [email protected] to c/[email protected]
40 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 14 points 8 months ago (1 children)

"Our company is invested in the dynamic strategy of using people to solve problems. Person Intelligence or PI, as we call it. We know our strategy is out of favor now, but given that it has worked consistently throughout all of human history, we are hopeful for the future."

[โ€“] [email protected] 6 points 8 months ago

Like all the companies I've worked for that have off-shored work, and then later brought it back on shore after realizing the horrible quality work and drop in delivery times their attempts to save money resulted in.