this post was submitted on 15 Aug 2024
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Cisco slashes thousands of staff, 7% of entire workforce, pivots into AI (www.theregister.com)
submitted 6 months ago by Alphane_Moon to c/business
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[โ€“] [email protected] 2 points 6 months ago (1 children)

Cloud cut a lot of datacentre spend, which was Cisco's bread and butter, and the cloud providers and big datacentres generally don't make Cisco as much money.

[โ€“] RestrictedAccount 1 points 6 months ago

Thanks. This makes sense.