Cisco to lay off more than 4,000 employees to focus on artificial intelligence

L4sBot@lemmy.worldmod to Technology@lemmy.world – 295 points – Cisco to lay off more than 4,000 employees to focus on artificial intelligence
nypost.com

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.

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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"?

>> "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!"