Thread regarding Cisco Systems Inc. layoffs

cut headcount, call it AI, watch the stock follow

"The Royal Scam"; an album title from early Steely Dan, that is fitting for today's announcement.


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Post ID: @OP+1krm0m7kn

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@ab; go play some Mario Kart World on your Nintendo

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Post ID: @as+1krm0m7kn

@ab Keep saying "boomer" and keep making yourself look like an a-s.

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Post ID: @ac+1krm0m7kn

Steely who?
Boomer should have been retired a decade ago

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Post ID: @ab+1krm0m7kn

“We are reallocating resources toward AI” sounds far better to investors than:
“We are reducing labor costs and flattening compensation bands.”

It isn’t AI replacing experts
and more like Finance and markets rewarding companies for reducing expensive labor during an AI hype cycle.

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Post ID: @a8+1krm0m7kn

Sounds about right. The first person that should've been let go is the top dawg himself. He hasn't done anything but ruin livelihoods and give out golden parachutes to others that also didn't do shet.

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Post ID: @a5+1krm0m7kn

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