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Chris Remington@beehaw.orgM to Technology@beehaw.org · 16 hours ago

Bay Area tech titan [Cisco] announces mass layoffs just after soaring revenue report

www.sfgate.com

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  • cross-posted to:
  • technology@lemmy.world
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Bay Area tech titan [Cisco] announces mass layoffs just after soaring revenue report

www.sfgate.com

Chris Remington@beehaw.orgM to Technology@beehaw.org · 16 hours ago
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  • cross-posted to:
  • technology@lemmy.world
Bay Area tech titan announces mass layoffs just after soaring revenue report
www.sfgate.com
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One of the biggest tech companies in the Bay Area is laying off hundreds of workers.
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  • Powderhorn@beehaw.org
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    7 hours ago

    Go into tech, they said. The jobs are secure.

    – Sincerely, the 1990s.

  • masterofn001@lemmy.ca
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    12 hours ago

    Meanwhile, in today’s other Cisco related news:

    https://www.theregister.com/2025/08/20/russian_fsb_cyberspies_exploiting_cisco_bug/

    https://thehackernews.com/2025/08/fbi-warns-russian-fsb-linked-hackers.html

    https://www.techradar.com/pro/security/fbi-warns-russian-hackers-are-targeting-an-old-cisco-security-flaw-so-patch-now

    Oh, OK, then.

  • t3rmit3@beehaw.org
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    9 hours ago

    More brilliant moves from Chuck and co. This is why I left Cisco.

  • Megaman_EXE@beehaw.org
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    11 hours ago

    And investors cheered

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