Cisco to lay off more than 4,000 employees to focus on artificial intelligence::Cisco revealed plans to slash its headcount by 5% on Wednesday, which will affect roughly 4,250 employees across the tech behemoth’s global workforce.

  • herrcaptain@lemmy.ca
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    2 years ago

    With all these companies pivoting to the creation of AI products, this seems like a great opportunity for someone to step in and create … Checks notes … absolutely anything else.

    • MajorHavoc@programming.dev
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      2 years ago

      I can’t wait to watch these companies all get their marketshare eaten by “ToddCo”, a company where a guy named Todd figures out that be can poach Starbucks employees and get better results than these AI deliver.

      The sixty minutes interview is going to be epic:

      “Then it struck me! Sure, James writes my name wrong on my cup every day, but he’s never once misjudged how many limbs I have!”

      • N0body@sh.itjust.works
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        2 years ago

        “Our company is invested in the dynamic strategy of using people to solve problems. Person Intelligence or PI, as we call it. We know our strategy is out of favor now, but given that it has worked consistently throughout all of human history, we are hopeful for the future.”

      • BrianTheeBiscuiteer@lemmy.world
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        2 years ago

        poach Starbucks employees and get better results than these AI deliver.

        Newsflash: Starbucks coffee already isn’t that great. Then they’ll take the savings from firing all the baristas and buy out “ToddCo”.

  • Shadow@lemmy.ca
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    2 years ago

    Really kind of them to let their investors know first, rather than the people impacted. I bet morale there is wonderful.

  • Liome@pawb.social
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    2 years ago

    How do you lay off people to focus on something?
    Did they went “daaaamn, we want to focus on AI, but we already have people for that job, let’s fire them”?

    • gt24@lemmy.world
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      2 years ago
      >> "We are an AI company now! Hey Bob, do you know AI?"
      ## "No... ?"
      >> "FIRED!  Joe, do you know AI?"
      ## "I can learn about..."
      >> "FIRED! Bill, do you know AI?
      ## "... yes?"
      >> "You can stay. I'm heading to the next floor to ask if they know AI!"
      
  • Grass@sh.itjust.works
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    2 years ago

    Have any of these companies gotten anywhere after dumping people to focus on ai whatever that even means?

  • MajorHavoc@programming.dev
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    2 years ago

    AI is going to be awesome, and I am so down for it.

    But today, the emperor has no clothes.

    Butt naked.

    Not a fucking scrap of clothing is on that guy.

    Good luck Cisco, you’re going to need it.

  • Asafum@feddit.nl
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    2 years ago

    So where are the 300,000+ AI computer companies that all these tech workers across the whole sector will so easily just migrate to?

    The argument is always “the new scary tool will just come with its own needs that need to be serviced which is where the displaced workers will go.”

    Yeah… IDK about that. The coal miners were supposed to be retraining to be programmers, we just decapitated that idea, so now what?

    I never had much of a great view of the future, but it only seems to be getting worse…