Cisco revealed plans to slash its headcount by 5% — roughly 4,250 employees across the tech behemoth’s global workforce — as it steps up its focus on artificial intelligence. San …

Cisco to lay off more than 4,000 employees to focus on artificial intelligence::Cisco revealed plans to slash its headcount by 5% on Wednesday, which will affect roughly 4,250 employees across the tech behemoth’s global workforce.

  • Grass@sh.itjust.worksEnglish
    31·
    9 months ago

    Have any of these companies gotten anywhere after dumping people to focus on ai whatever that even means?

    • dylanTheDeveloper@lemmy.worldEnglish
      13·
      9 months ago

      They’ll be fine for a time until competition emerges and their products become obsolete.

      And thus the cycle begins again

      • sebinspace@lemmy.worldEnglish
        61·
        9 months ago

        I’m not really sure Cisco would fall even if the company fell. Cisco isn’t just a company that makes networking equipment, they’ve been influencing the architecture and paradigms behind the Internet for so long that their influence would be felt for years, even if they were to disappear today…

    • normalexit@lemmy.worldEnglish
      5·
      9 months ago

      Their stocks are going up with every layoff and costs are going down. It’s working marvelously for the executives.

      Is it sustainable? God I hope not.

    • phillaholic@lemm.eeEnglish
      4·
      9 months ago

      I don’t know, but Microsoft’s free copilot stuff is so not useful that it doesn’t make me feel the need to pay them for the business product

      • captain_samuel_brady@lemm.eeEnglish
        7·
        9 months ago

        I paid the $30 today for their 365 Pilot and asked it to summarize a meeting for me that was recorded and it couldn’t even find the meeting.

        But hey, I’m sure Cisco will do a better job. Everybody I know keeps asking about Cisco’s AI. Maybe it will finally give a good answer as to why I should pay a subscription to own an access point.

        • drislands@lemmy.worldEnglish
          5·
          9 months ago

          I’m in agreement that this stuff is painfully useless.

          But “it couldn’t even find the meeting” sounds more like a configuration problem and less like a comment on the product’s quality.

          • phillaholic@lemm.eeEnglish
            3·
            9 months ago

            From time to time Teams doesn’t show me a teams meeting that I have on my outlook calendar, so I’d believe it.

          • captain_samuel_brady@lemm.eeEnglish
            2·
            9 months ago

            I’m not even sure how it’s configured. I added the license, added the app to Teams, and asked it to summarize a meeting that I knew had been recorded. When it couldn’t find the meeting, I asked it for a list of meetings that I had on that day. It responded with a partial list, not including the correct meeting. The correct meeting was visible in both the Outlook and Teams calendars.

        • phillaholic@lemm.eeEnglish
          2·
          9 months ago

          That’s my bad. I was trying to say it was so not useful. Poor wording on my part.