Cisco Cut 471 Jobs While Posting $16B—Here's Why
Cisco just slashed 471 Bay Area jobs, right after posting a record $16B quarter and their biggest stock pop in 14 years. The reason isn’t lost revenue. It’s a full-scale pivot to AI. CEO Chuck Robbins spells it out: money is moving “where demand and long-term value creation are strongest.” Translation: fewer humans, more machines. If you’re a man with something to lose, hoping for the best is not a strategy. Move faster than the system or get steamrolled. Get My YouTube Playbook: https://marksavantmedia.com/youtubepl... Chapters: 00:00 - Intro: Cisco Cuts Layoffs 01:00 - Why AI is Driving Layoffs? 03:30 - What It Means for Your Job 04:41 - How To Stay Relevant 07:45 - Conclusion References: https://finance.yahoo.com/sectors/tec... https://www.sfchronicle.com/tech/arti... #ai #agi #cnbc #ainews
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