Cisco's decision to lay off 4,000 employees while announcing record revenue is seen as contradictory and harmful to its workforce.

Cisco sees number go up, celebrates by laying off 4000 people. Cisco announces record revenue and 4,000 layoffs in the same day https://arstechnica.com/information-technology/2026/05/cisco-announces-record-revenue-and-4000-layoffs-in-the-same-day/ #Cisco #Revenue #Labor #Layoffs #Tech

"Cisco announces record revenue and 4,000 layoffs in the same day" I need to reread Dante's Inferno to refresh my memory regarding which layer of Hell these C-level people will inhabit. https://arstechnica.com/information-technology/2026/05/cisco-announces-record-revenue-and-4000-layoffs-in-the-same-day/ #layoffs #ai