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Cisco announces record revenue and 4,000 layoffs in the same day
(arstechnica.com)
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this post was submitted on 16 May 2026
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I suppose the implied question is, “why are they firing people when making record revenue?”
to answer your question though, it's because Cisco is run by sigma grindset assholes.
Revenue is income before expenses. Profit is what's left over after expenses. Revenue can increase, but if expenses increase even more, profit declines.
That's why relating revenue to layoffs is apples and oranges.