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Cisco announces mass layoffs just after soaring revenue report

https://www.sfgate.com/tech/article/bay-area-tech-titan-announces-layoffs-strong-20826542.php
15•FollowingTheDao•5mo ago

Comments

SomeHacker44•5mo ago
221 now means mass?.The article does not even show a percentage. Bad headline. -1
yogorenapan•5mo ago
Cisco had approx 90,400 employees in 2024. So around 0.25%. Not much in the grand scheme of things. There was a 6.48% increase from 2023 to 2024, so it might just be a very normal case of replacement or over hiring
FollowingTheDao•5mo ago
That always meant mass. Message just means a large group. It doesn’t specify the amount.

221 positions across its Milpitas and San Francisco offices. WARN documents are generally required by the state in the event of mass layoffs.

And this might be important if you were looking for a job as a software engineer in the area.

“The most cuts, affecting 157 jobs, largely in software engineering roles, were at Cisco’s Milpitas office”

“I don’t want to get rid of a bunch of people right now. I don’t want to get rid of engineers,” Robbins said. “I just want our engineers we have today to innovate faster and be more productive and that gives us a competitive advantage.” Robbins said if AI keeps advancing at Cisco, the company could possibly hire fewer employees. Cisco did not respond to SFGATE’s request for comment on the latest round of layoffs.

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