What I find rather bemusing is the amount of businessbabble Cisco dribble on about when it comes to explaining these layoffs:-
"We continue to make decisions to ensure that our investments and resources are aligned with strategic growth areas of the business."
”significant role in accelerating Cisco's business transformation and overall growth strategy,”
“We have also moved quickly to open requisitions – our impacted talent may be eligible to apply for these newly-created CX roles where there is a skills match,”
Utter bollocks of course- why not be honest about it and tell it to us straight - you're not making sufficient profits for your shareholders/investors, so you're getting rid of people who are not cost effective.