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Cisco to lay off more than 4,000 employees to focus on artificial intelligence (nypost.com)

submitted 9 months ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 31 points 9 months ago (4 children)

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

[–] [email protected] 5 points 8 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.

[–] [email protected] 4 points 8 months ago* (last edited 8 months ago) (1 children)

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

[–] [email protected] 7 points 8 months ago (2 children)

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.

[–] [email protected] 2 points 8 months ago

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

[–] [email protected] 5 points 8 months ago (2 children)

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.

[–] [email protected] 3 points 8 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.

[–] [email protected] 2 points 8 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.

[–] [email protected] 13 points 9 months ago* (last edited 9 months ago) (1 children)

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

And thus the cycle begins again

[–] [email protected] 5 points 8 months ago (1 children)

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..

[–] [email protected] 1 points 8 months ago

What about juniper?

[–] [email protected] 9 points 9 months ago

No matter what happens they'll tell investors it was a huge success.