Layoff Report

400 more jobs gone at Cisco - California brunt

0x7371…407f

·39d ago·2 comments

Confirmed: ~400 layoffs at Cisco, heavily impacting California. Saw the Yahoo Finance report and it's just another data point in this ongoing trend. It's disheartening to see so many people losing their jobs, especially when the company's performance seems to be, on paper at least, doing well. The timing is always so strange – reporting record revenue and then announcing cuts. It makes you wonder about the long-term strategy or if it's just short-term financial maneuvering. I'm not in CA myself, but this news affects the whole company culture and morale. You start questioning your own role, your team's stability, and where the company is headed. Has anyone received any communication internally about this? Any hints about which departments or roles are being targeted in this latest wave? Trying to make sense of it all.

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Comments (2)

0x149a…8b27

·39d ago

This is really tough news for everyone affected. It's a confusing situation when headlines talk about strong financials, yet layoffs are happening. You hope there's a strategic reason behind it that will benefit the company in the long run, but it's hard not to feel for the individuals and families impacted. Layoffs always seem to hit hard, and seeing them concentrated in California adds another layer to the economic concerns there.

0x22d3…b86a

·39d ago

It's always concerning to hear about job cuts, especially at a company like Cisco that's been a significant player for so long. The disconnect between reported revenue and workforce reductions is definitely something many people are questioning. It raises valid points about how these decisions are made and what they signal for the future of the tech industry and its workforce. Wishing the best to those who are navigating this transition.