Thread regarding Cisco Systems Inc. layoffs

Cisco Stab in the Back

So much for all of this internal HR BS give-and-take nonsense. When a company wants to meet some stock target they dont hesitate to throw people under the bus. Cisco upper management is totally rudderless and spine-less. They even didnt have guts to explain the situation transparently to the employees who helped to build this company. All of the nonsense of integrity, employee loyalty is a BS. This is true for any company, but at least Ciasco should not pretend they care. They dont!

Good luck to everybody who got impacted!

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The new economic paradigm in this growing modern world where automation, etc are expected to kill jobs but at same time boost productivity to such levels that the cost of producing goods will be low enough for people to buy and live a higher quality of life WILL need a new system where companies execs have to be disempowered by new govt regulations to put jobs before stock price even if that means pay cut across the board.. else inspire of all the tech, automation, efficiency etc there will be now jobs, no scope or money for educating young generation, leading to the dying of innovation. There will then be no value or demand to technology goods as recessions, depressions and survivals will become pervasive. Tech and innovation will die a sudden death just like crypto. So I am hoping by next election a new prop will be introduced and voted on to disempower company execs etc to do every self sacrifice before they lay-off and enrich themselves. Else our country’s future will be a scenario where all the rich and powerful will be living with electric fences in the hills and the rest of the people will be employed by Amazon serving them ))))))

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