Thread regarding Cisco Systems Inc. layoffs

LR expected in Feb 2025

Healthy companies increase profits by growing. Sick companies increase profits by “restructuring”.

10k+ lives impacted in 2024 - What's the expected number in 2025?

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| 1121 views | | 6 replies (last August 20, 2024) | Reply
Post ID: @OP+1u5Hvw6g

6 replies (most recent on top)

Can we please get through this LR first? Why so anxious?

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Post ID: @1gni+1u5Hvw6g

Whatever AI/ML and GenAI investment that Cisco has done will be waste and 2025 Feb ELT will let go all GenAI skillset

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Post ID: @1ode+1u5Hvw6g

Plan is to have 40,000 employees at end of 2025

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Post ID: @1ggf+1u5Hvw6g

One analyst said it best “you can’t cut your way to growth”

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Post ID: @1mjy+1u5Hvw6g

a Recession looms on the horizon ; will be a tough year across all sectors and companies;
save save save

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Post ID: @1wtk+1u5Hvw6g

I have no doubt that they’ll do an LR in 2025 (Feb or Aug/Sept). And it’ll be less than this round so they can claim they’re “making progress” by only laying off 2k.

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Post ID: @hlp+1u5Hvw6g

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