Cisco to lay off 8-10k next week?

Source is someone from Cisco. Can anyone else validate or reject this leak/rumour?

23mo ago

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GoofyCupcake

Number, not sure. But layoffs are confirmed.

Although this is a yearly thing. Nothing new

SillyDumpling

what are these layoffs based on largely?

GoofyCupcake

It's always the same. Shifting business priorities, cutting costs, absorbing acquisitions, trimming fat.

BouncyCupcake

BouncyPretzel

Maybe we can expect atleast 50k layoffs in January alone from around 10-12 companies

SleepyPretzel

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