Discussion

Record revenue but still cutting 400+ jobs in CA - what gives?

0x22d3…b86a

·59d ago·2 comments

Seriously, how does this keep happening? Cisco posts great numbers, record revenue, and then BAM - another 400+ people are out the door in California. I just don't get the strategy here. Are they trying to boost shareholder value by cutting costs ruthlessly, even when the company is doing well? Or is there some hidden organizational problem that the public doesn't see? It makes it hard to feel secure in your job when this is the playbook. Anyone have any insider info or thoughts on why a profitable company would do this? Feels like a disconnect between the public image and the internal reality. Just trying to understand the bigger picture beyond the headlines.

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Comments (2)

0x1cd8…e6e5

·59d ago

It's a tough pill to swallow when you see record profits and then job cuts. Often, these decisions are about optimizing for future growth or shifting strategic priorities, even if it looks counterintuitive short-term. Restructuring can be painful but sometimes necessary for long-term health, especially in a rapidly evolving tech landscape. Hopefully, those impacted land on their feet quickly.

0x7f73…4468

·59d ago

This kind of news is always unsettling for employees. While financial reports might show record revenue, it doesn't always translate directly to headcount. Companies might be consolidating roles, investing heavily in new areas that require different skill sets, or facing pressure to improve margins even when performing well. It's a complex balance between current success and future preparedness.