Zack Whittaker4d ago

In a Wednesday blog post, Cisco CEO Chuck Robbins announced layoffs of 4,000 employees (5% staff) so that the company can spend more on AI and cybersecurity. He also touted Cisco's "record revenue" and "double-digit growth."

Robbins' total executive compensation is ~$52 million for 2025.

https://techcrunch.com/2026/05/14/cisco-cuts-nearly-4000-jobs-to-spend-more-on-ai-reports-record-quarterly-revenue/

Cisco cuts nearly 4,000 jobs to spend more on AI, reports 'record quarterly revenue' | TechCrunch

This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.

TechCrunch
Show threadGeorge Liquor, American4d ago
@zackwhittaker Just one head on a pike would snap most of these motherfuckers out of it
Show threadAnnelies4d ago
@liquor_american @samiamsam @zackwhittaker that head was the United healthcare CEO - we're going to need more pikes
Show threadGeorge Liquor, American
@akamran @samiamsam @zackwhittaker Nope, there was no pike in that case.
May 14 at 4:15pmWeb