It took several years, but companies eventually realized if a job can be done from home it can be done from Mumbai.

[Malcolmxxx_23]

Cisco just laid off 5k employees


Smh

 

[HoldThisL]

Typical tech companies outsourcing to some geeks in India and then when something goes wrong they wanna hire Americans just to lay them off again. Rinse and Repeat.

 

[JLova]

Tech companies the biggest offenders.

Canada literally importing millions of Indians to take Canadian jobs here as companies outsource jobs to India. fukking ridiculous.

 

[Prince.Skeletor]

I know high level people at Cisco
The layoff has nothing to do with outsourcing or offshoring
Most of the layoffs cannot be offshored!

As soon as they announced the layoffs the stock surged.
They did it for a few reasons, one being AI not offshoring
And alot of people were dinosaurs from the on-premise/perpetual licensing world which they will replace with the As-A-Service world type people.

This is a combination of AI and the shift to cloud and the need for a stock surge

 

[Concerned Citizen]

I know high level people at Cisco
The layoff has nothing to do with outsourcing or offshoring
Most of the layoffs cannot be offshored!

As soon as they announced the layoffs the stock surged.
They did it for a few reasons, one being AI not offshoring
And alot of people were dinosaurs from the on-premise/perpetual licensing world which they will replace with the As-A-Service world type people.

This is a combination of AI and the shift to cloud and the need for a stock surge

 

[Malcolmxxx_23]

I know high level people at Cisco
The layoff has nothing to do with outsourcing or offshoring
Most of the layoffs cannot be offshored!

As soon as they announced the layoffs the stock surged.
They did it for a few reasons, one being AI not offshoring
And alot of people were dinosaurs from the on-premise/perpetual licensing world which they will replace with the As-A-Service world type people.

This is a combination of AI and the shift to cloud and the need for a stock surge

So not just corporate greed. It’s shareholder greed.

Cisco made 10billion last year in profit

 

[the bossman]

I know high level people at Cisco
The layoff has nothing to do with outsourcing or offshoring
Most of the layoffs cannot be offshored!

As soon as they announced the layoffs the stock surged.
They did it for a few reasons, one being AI not offshoring
And alot of people were dinosaurs from the on-premise/perpetual licensing world which they will replace with the As-A-Service world type people.

This is a combination of AI and the shift to cloud and the need for a stock surge

why not just re-train the people?

 

[Prince.Skeletor]

why not just re-train the people?

Too much nepotism

Cisco is notorious for hiring people based on when when the hiring manager knows the guy.

Favortism is a massive massive problem within Cisco
Nowaydays you need to have a contact to even get an interview