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.
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.
Has “laying off staff to focus on AI “ become a common euphemism for “we hired too many people”?
No, it’s a euphemism for “screw the people who are left, we need a quick reduction in our cost structure so that we can take bigger bonuses”