AIdriven

Read the memo: Cisco to cut about 4,000 jobs in AI-driven restructuring

Cisco is cutting “fewer than 4,000 jobs” as the networking giant restructures its business to focus more heavily on artificial intelligence, according to a memo from CEO Chuck Robbins published Wednesday. Loading audio narration… The layoffs, which affect less than 5% of Cisco’s workforce, come as the company reported stronger-than-expected…

We made a Mad Libs for AI-driven layoff announcements

A company announcing layoffs cited AI. How original. Loading audio narration… Snap is cutting 16% of its workforce, with CEO Evan Spiegel referencing “rapid advancements” in AI.It joins the ranks of Block, Atlassian, and a handful of others that have cited the tech as one of the driving reasons behind…