this post was submitted on 19 Aug 2024

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Cisco Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit (futurism.com)

submitted 3 months ago by Espiritdescali to c/futurology

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[–] expr@programming.dev 11 points 3 months ago (1 children)

It's not replacing anyone. It's just an excuse for the usual capitalistic bullshit that they would be doing anyway.

[–] Zexks@lemmy.world -1 points 3 months ago (1 children)

So you’re saying those people are NOT getting fired. They are NOT losing their jobs.

[–] calcopiritus@lemmy.world -1 points 3 months ago

They are. Just not because of AI.