Yes, they announce layoffs. Anybody compare annual statements for actual employee counts vs announcements?
On Wed, May 13, 2026 at 3:52 PM Dick Williams <[email protected]> wrote: > > Cisco lays off 4000 to focus on AI. Stock jumps 12% on stellar earnings. > Yes, Cisco announced on Wednesday, May 13, 2026, that it is laying off nearly > 4,000 employees, representing approximately 5% of its workforce. [1, 2]Key > Details: > - Reasoning: The job cuts are part of a restructuring plan designed to > shift investment toward high-growth areas, specifically artificial > intelligence (AI) and security. > - Financial Impact: Cisco expects to incur up to \(\$1\) billion in > charges related to these layoffs, with \(\$450\) million expected to be > recognized in the current quarter. > - Context: Despite the layoffs, the company raised its annual revenue > forecast for fiscal 2026 due to strong demand for AI infrastructure, and its > stock rose 14% in extended trading. > - Pattern: These cuts follow a similar pattern to 2024 and 2025, where > Cisco implemented multiple rounds of layoffs while simultaneously investing > in AI. > While layoffs are occurring, reports indicate that Cisco is continuing to > hire in specialized areas such as AI networking, security, and silicon design. > > Sent from Yahoo Mail for iPhone > > > On Thursday, May 7, 2026, 11:10 PM, Dick Williams > <[email protected]> wrote: > > More job cuts due to AI. > > Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due > to AI changes > PUBLISHED THU, MAY 7 20266:13 PM EDTUPDATED 5 HOURS AGOLola > Murti@IN/LOLAMURTI/@LOLAVKM > - Cloudflare shares plummeted after-hours Thursday as the company announced > it is cutting over one-fifth of its workforce. > - The company’s first-quarter earnings beat analysts’ expectations. > - CEO Matthew Prince emphasized the role that agentic artificial > intelligence played in the announced cuts, which affect over 1,100 employees > globally. > > > Sent from Yahoo Mail for iPhone > > > On Thursday, April 30, 2026, 1:34 PM, Dick Williams > <[email protected]> wrote: > > To Brian, I’m a voracious reader. I’d consider that research. Most people > would. My sources are impeccable. Award winning journalism, professional > sources like JAMA, NEJM for medical research. (Not the idiot RFK jr) I don’t > watch Fox “news” which isn’t news at all. They’ve never won a journalism > award and had to pay Dominion Voting Systems almost 800 million for lying. I > highly doubt you have even a minuscule amount of knowledge about AI. CNBC is > a great source for AI information. Not a day goes by without numerous > articles and interviews about AI. It has allowed me to profit greatly from > companies that are investing trillions in it. Thanks for your attention to > this matter. > > > Sent from Yahoo Mail for iPhone > > > On Thursday, April 30, 2026, 1:24 AM, Brian Westerman > <[email protected]> wrote: > > To Dick, > > I mostly ignore your rants, but since you singled me out I will respond to > you, though I will most likely not in the future. > > I get my information through research and personal experience, not by quoting > others which seems to be abstruse for you. It might be refreshing for you to > make an effort to get your information by a little genuine research on your > own. Relying on other places that themselves use AI to gather incomplete or > even bogus information, only to provide it to others in this forum is the > same as getting it from the spurious AI source yourself and posting it here. > My reference to your original information was merely to point out that it was > erroneous and misleading, most likely misrepresented by you or your "source" > and twisted away from the truth, lacking any solid evidence or basis in fact > as presented by you. > > Things are a lot more nuanced with respect to AI than you seem capable of > believing or understanding. But I have noticed you seem to try to group > unrelated things together to generate some "facts" which I guess are supposed > to make complete sense in whatever unrealistic world that you inhabit. I > honestly believe it's just a matter of you wanting to have something to do > with your time. You must have been really tedious to work with. Did they > give you a party when you retired, or did they just have a party and not > invite you? :) > > I don't really expect you to understand, but I have much better things to do > with my time, so in the future please don't send me directed communication > through this forum. If you want to discuss something with me, send me an > email, if you just want to rant, then please bother someone else. > > Hopefully this ends this thread. > > Brian > > On Wed, 29 Apr 2026 15:37:56 +0000, Dick Williams > <[email protected]> wrote: > > >To Brian Westerman. My post were not derived from any AI source. I get > >nearly all my AI information from CNBC, the Guardian, AP, Bloomberg, BBC, > >and half a dozen award winning journalistic sources. Software companies are > >getting slammed in the stock market. Because AI will replace many of them. > > > > > >Sent from Yahoo Mail for iPhone > > > > > >On Sunday, April 26, 2026, 9:18 AM, Sonny Gupta > ><[email protected]> wrote: > > > >We are currently providing a z/OS platform to the founders of Hypercubic AI > >(https://www.hypercubic.ai/en > >), and it has been interesting to see the direction they are taking. Their > >core focus is enabling AI to handle application management—an area with > >significant potential for transformation. They are preparing to launch their > >solution in the coming weeks and are offering trial access, which should > >provide valuable insight into how this approach performs in real-world > >environments. > > > >In a recent conversation, I spoke with a physician who shared that the > >medical field is already exploring AI-driven diagnostics, particularly in > >areas such as X-ray analysis. It reinforces a broader point: no industry is > >insulated from the impact of AI. > > > >As AI continues to evolve, roles across industries—including highly > >specialized ones—are likely to shift rather than disappear. We are still in > >the early stages, and the next few years will be critical in understanding > >how AI reshapes workflows, decision-making, and operational models across > >sectors. > > > >It will be fascinating to watch—and be part of—that evolution. > > > >SG > > > >---------------------------------------------------------------------- > >For IBM-MAIN subscribe / signoff / archive access instructions, > >send email to [email protected] with the message: INFO IBM-MAIN > > > > > > > > > >---------------------------------------------------------------------- > >For IBM-MAIN subscribe / signoff / archive access instructions, > >send email to [email protected] with the message: INFO IBM-MAIN > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN > > > > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN > > > > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN > > > > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN -- Mike A Schwab, Springfield IL USA Where do Forest Rangers go to get away from it all? ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
