Cisco slashes seven percent of workforce
www.theregister.com
Reorg of entire biz as tech giant address downturn in core networking segment
  • RestrictedAccount@lemmy.worldEnglish
    2·
    4 months ago

    Thank you for the reply. I am about to disagree with you, but I appreciate the response.

    All of these reasons make sense, and I take them as true. However they reinforce my point that the fact people are doing cloud computing is not causing this reduction.

    • psvrh@lemmy.caEnglish
      2·
      4 months ago

      Cloud cut a lot of datacentre spend, which was Cisco’s bread and butter, and the cloud providers and big datacentres generally don’t make Cisco as much money.