Tech Company Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit
futurism.com
Cisco posted $10.3 billion in profits last year but is still laying off 5,500 workers as part of an effort to invest more in AI.
  • expr@programming.devEnglish
    112·
    7 months ago

    It’s not replacing anyone. It’s just an excuse for the usual capitalistic bullshit that they would be doing anyway.

    • ZexksEnglish
      11·
      7 months ago

      So you’re saying those people are NOT getting fired. They are NOT losing their jobs.