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Technology@lemmy.worldEnglish · 2 months ago

Cisco announces record revenue and 4,000 layoffs in the same day

arstechnica.com

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Cisco announces record revenue and 4,000 layoffs in the same day

arstechnica.com

FirmDistribution@lemmy.world to

Technology@lemmy.worldEnglish · 2 months ago

Layoffs are "not a savings-driven restructure," CFO says.

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Triumph@fedia.io
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2 months ago
Revenue is not profit. I’m not defending them, but relating revenue to layoffs is apples and oranges.
- Nurse_Robot@lemmy.world
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  2 months ago
  Almost 27 billion is net profit

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