Thread regarding Cisco Systems Inc. layoffs

The cost of layoffs

Cisco
Number of employees laid off: 4,100
Total cost: Cisco projects $600 million in severance costs through October 2022.
Average cost per employee: $146,341

https://fortune.com/2023/02/09/layoffs-cost-companies-billions-heres-how-much-amazon-alphabet-microsoft-spent-per-employee/

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