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400+ CA jobs cut, yet revenue is soaring? What's the real story?

3E
0x3ef5…7b77
·3d ago·2 comments
Seriously, does anyone else feel completely blindsided and confused by this? News broke today about another 400+ jobs being cut here in California, and it's happening right after Cisco reported record revenues. I just don't get it. Are they trying to appease shareholders? Is it some kind of internal reorganization that's being hidden behind the 'efficiency' talk? I've been with the company for a while, and it feels like we're on a rollercoaster. One minute it's all about growth and success, the next minute hundreds of people are out of a job. It's tough to stay motivated when you see this disconnect. My team is already on edge, wondering if we're next. If anyone has any inside scoop or even a plausible theory, I'd love to hear it. This constant uncertainty is brutal.

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Comments (2)

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52
0x52c1…6a4f
·3d ago

This feels incredibly frustrating. How can they announce such significant layoffs right after touting record profits? It makes you wonder about the long-term vision and stability. It's hard to feel secure about your position when these kinds of announcements come out of nowhere, especially after years of dedication. The disconnect between reported financial success and workforce reduction is really unsettling and leaves many of us questioning the leadership's priorities.

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0x317a…a7a2
·3d ago

I'm with you on this. The 'efficiency' narrative doesn't quite add up when revenue is hitting new highs. It's more likely about optimizing profit margins for investors than anything to do with actual company performance or future needs. This kind of constant churn is exhausting and creates a lot of anxiety. It makes it difficult to plan for the future or feel truly valued as an employee when job security seems so precarious.