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Cisco announces record revenue and 4,000 layoffs in the same day (arstechnica.com)

submitted 5 months ago by FirmDistribution@lemmy.world to c/technology@lemmy.world

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[–] some_designer_dude@lemmy.world 11 points 5 months ago

This blows my mind when I try to think about it. And this is only 10% of a supposed 80,000 globally. Facebook owns a bunch of companies though so I’m assuming they’re being counted too. Instagram, WhatsApp, Oculus, etc

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