Thread regarding Cisco Systems Inc. layoffs

I guess we should be grateful it's just 4k instead of 20k some have predicted

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Post ID: @OP+1r5fcYFO

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Of course, they can top it up with another $800m in May and do it again.

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Post ID: @1uwv+1r5fcYFO

Actuals are never on paper.

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Post ID: @1vio+1r5fcYFO

Lmfao none of you know how to read?! It was incredibly clear that the 5% corresponded to the 800 million allocated for severance related expenditures. There isn’t 5% “per quarter.” No wonder people are so neurotic here, you live in spiralling vortex of echoing pessimism.

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Post ID: @nfy+1r5fcYFO

5K per quarter = 20K calendar year

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Post ID: @gdg+1r5fcYFO

This was the first wave of 2024.

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Post ID: @cpc+1r5fcYFO

Wait until Q3 number hit. Buckle up for another cut.

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Post ID: @ejm+1r5fcYFO

I'm being sarcastic, in case that was not obvious.

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Post ID: @fpc+1r5fcYFO

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