Cisco workforce reductions

Cisco said it will cut nearly 4,000 jobs despite posting record revenue, sparking criticism over layoff culture in tech.

Hacker News commenters questioned whether the move reflected poor performance or pressure from investors focused on short-term returns.

The cuts also raised concerns about unvested equity losses and the vulnerability of H1B-dependent workers.

The discussion linked Cisco’s decision to broader industry trends, including AI hype and recurring workforce reductions at profitable firms.