All that is to say, I would not be remotely surprised if Cisco has more employees than they strictly need. But, this email from the CEO is comically out of touch. “We’re doing great, better than we’ve ever done, so we’re going to fire thousands of you” is a chef’s kiss encapsulation of American corporate culture.
Cisco workforce reductions
241–250 of 351 posts
Re: Cisco workforce reductions
#242Here we have a PR statement of a company announcing at the same time record revenues AND cutting 4000 jobs and the longest thread is complaining about Indian workers instead of bitching about the dystopian reality we live in where Cisco's behavior is accepted and acceptable. Also, H1B are issued and requested by the company. Blame the system, not the immigrants .
Re: Cisco workforce reductions
#243Re: Cisco workforce reductions
#244Earlier quoted context omitted.
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> all evidence points to AI bringing at least 10-20% more productivity. No, actually all evidence points exactly to a ~20% slowdown> https://metr.org/blog/2025-07-10-early-2025-ai-experienced-o... The "evidence" that you think about is probably that dopamine hit you felt when the shit-generator spat out a complete half-finished react app. But that's not evidence of increased productivity, unless we now measure produc…
Re: Cisco workforce reductions
#245Earlier quoted context omitted.
>You don’t need political will in other nations. Yes you do if you want to change their labour laws.
> Yes you do if you want to change their labour laws. You aren't changing the labour laws in their nations. If firms want to trade with American firms, then they have to have certain work norms that they abide by in their contracts/.
Re: Cisco workforce reductions
#246Re: Cisco workforce reductions
#247Earlier quoted context omitted.
Then you should compare to self-hosted GitHub
Which has an uptime of 0 because it doesn’t exist
I'm not so sure, and I'm looking at the friggin' thing: https://enterprise.github.com/trial
For the small, small price of your business email address, it's yours.
Re: Cisco workforce reductions
#248My extremely cynical, but not yet proven wrong view: Tech, more or less, has a group of investors centered around Silicon Valley. Not the only ones, but especially now, the most active. Generally, these folk have a lot of exposure to AI, and probably mostly believe the hype around it. Which means they believe companies using AI should produce better results, which in the current market means short-term cash. So if a…
>My extremely cynical, but not yet proven wrong view 1. FAANG does something that's relevant to their company. 2. Everyone thinks that this is an universally good move because they're FAANG. 3. Market rewards copying FAANG regardless whether that strategy also applies to your company. Simple as that.
Re: Cisco workforce reductions
#249This is why corporations need to be owned and operated by the employees.
If 51% of the employees would benefit from firing the other 49%, you'd be as good as gone anyway. Not saying it would be worse, but the same incentives are at play.
Re: Cisco workforce reductions
#250Earlier quoted context omitted.
Alas this happens in all FAANG layoffs too, some lucky people get to received one more vest but nothing close to all unvested RSUs
How is that legal? I thought the entire point of delayed vesting was to disincentivize jumping ship. If they're the ones throwing you overboard clawing back RSUs seems like a roundabout form of wage theft.