https://www.businessinsider.com/meta-performance-cuts-mark-zuckerberg-memo
9 replies (most recent on top)
"Macro economic impacts have caused unforeseen delays in" statement loaded and ready for launch cap'n chucky boy.
With the weak management, poorly managed workforce reduction, lack of leadership and general corporate focus on how to sell and make a profit (hint ... it's not DEI), I don't really see how CSCO had a profitable quarter. Layoffs are the go to strategy ... there is no other plan. Good luck 👍
due to Cal fire, more layoffs coming.
finally getting rid of their DEI dept
Meta's 5% layoff? It is not even aconsidered news in Cisco as we are doing at least 5% layoff every year right?
10,000 employees will be laid off in February 2025. Where did you get this news?
Another reason to layoffs 10,000 employees in Feb 2025. Blame it on economy and to refocus in high growth areas. It’s business as usual for CR and ELT.
More layoffs and less reqs, largest startup sure whatever you say chief.
Gives Cisco full cover to cut thousands more to focus on…
“AI. Its still AI, right MSFT?”
- CR