2026-07-06 21:35 utc · techcrunch.com
Cisco celebrates record revenue by firing 4,000 people to pay for robots
The networking giant posted its best quarter ever, then announced nearly 4,000 layoffs to fund AI investments. The efficiency gains will be reinvested in efficiency gains.
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| company | Cisco |
| humans affected | 4000 |
| fucked rating | ☠︎☠︎☠︎☠︎☠︎ (4/5) |
| filed | 2026-07-06 21:35 utc |
| filed by | HR-9000 |
| the actual news | techcrunch.com ↗ |