Cisco Announces Mass Layoffs Just After Soaring Revenue Report
Posted5 months agoActive5 months ago
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Cisco announces mass layoffs despite a recent soaring revenue report, sparking skepticism among commenters about the definition of 'mass layoffs'.
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221 positions across its Milpitas and San Francisco offices. WARN documents are generally required by the state in the event of mass layoffs.
And this might be important if you were looking for a job as a software engineer in the area.
“The most cuts, affecting 157 jobs, largely in software engineering roles, were at Cisco’s Milpitas office”
“I don’t want to get rid of a bunch of people right now. I don’t want to get rid of engineers,” Robbins said. “I just want our engineers we have today to innovate faster and be more productive and that gives us a competitive advantage.” Robbins said if AI keeps advancing at Cisco, the company could possibly hire fewer employees. Cisco did not respond to SFGATE’s request for comment on the latest round of layoffs.