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Cisco to lay off more than 4,000 employees to focus on artificial intelligence (nypost.com)

submitted 10 months ago by [email protected] to c/[email protected]

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Cisco to lay off more than 4,000 employees to focus on artificial intelligence::Cisco revealed plans to slash its headcount by 5% on Wednesday, which will affect roughly 4,250 employees across the tech behemoth's global workforce.

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[–] [email protected] 6 points 10 months ago

Like all the companies I've worked for that have off-shored work, and then later brought it back on shore after realizing the horrible quality work and drop in delivery times their attempts to save money resulted in.