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Cisco Reportedly Lays Off over 4k

forbes.com

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Re: Cisco Reportedly Lays Off over 4k

#41

Post by ryandrake »

RomanPushkin wrote: post #30
RomanPushkin wrote: post #4

Phraseology: Roku: “Current economic conditions” Cisco: "rebalance across the board" Amazon: "unusual and uncertain macroeconomic environment” Disney: “a targeted hiring freeze” Meta: “macroeconomic downturn” Salesforce: "performance issues” Stripe: “stubborn inflation, energy shocks, higher interest rates, reduced investment budgets and sparser startup funding,” Opendoor: "the most challenging real estate market in…

Upstart: "the challenging economy" Seagate technologies: "global economic uncertainties" Philips: "worsening macroeconomic environment" Microsoft: "valuate our business priorities on a regular basis and make structural adjustments accordingly" Intel: "sudden and rapid" economic decline Twilio: workforce grew “too fast” and “without enough focus”

I love how vague they all are. They might as well have said "We have a bad feeling about the world" or "We consulted an ouija board" as justifications. Do they really think a normal person reads these and accepts the reasoning?

Re: Cisco Reportedly Lays Off over 4k

#42

Post by lamontcg »

i_love_music wrote: post #12
RomanPushkin wrote: post #4

Phraseology: Roku: “Current economic conditions” Cisco: "rebalance across the board" Amazon: "unusual and uncertain macroeconomic environment” Disney: “a targeted hiring freeze” Meta: “macroeconomic downturn” Salesforce: "performance issues” Stripe: “stubborn inflation, energy shocks, higher interest rates, reduced investment budgets and sparser startup funding,” Opendoor: "the most challenging real estate market in…

Cool observation. Fascinating to see how corporate speak spreads and builds off each other. These are like memes in their technical definition - "behavior that may be considered to be passed from one individual to another by nongenetic means, especially imitation" Once a company or two uses these phrases it become politically acceptable to repeat them because they have now been "vetted". Contrarian or outsider views…

Absolutely none of that is new, its all recycled from 2008, 2001 and prior cycles with minor tweaks for current conditions.

Re: Cisco Reportedly Lays Off over 4k

#43

Post by thdespou »

1letterunixname wrote: post #27
apohn wrote: post #9

Earlier quoted context omitted.

>Opendoor: "the most challenging real estate market in 40 years” Didn't the subprime mortgage crisis happen in 2007? The current situation is worse than that???

About 5 years post dotcom bubble. I think it's worse considering the inflation in food and gasoline. A 6 pack of beer at the grocery store is $10 now. 1 L of carrot juice is $6. It's unsustainable especially considering how wages barely moved for anyone. I don't see how people are getting by.

Easy. Stop drinking so much beer and prepare your own food for starters.
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