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Work Reform@lemmy.world · 29 days ago

Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue'

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Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue'

Nemeski@mander.xyz to

Work Reform@lemmy.world · 29 days ago

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Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue' | TechCrunch

This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.

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29 days ago
Cisco live is in a few weeks!

Work Reform@lemmy.world

workreform@lemmy.world

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

Visibility: Public

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