Bay Area Tech Company Cisco Announces Layoffs Despite Revenue Surge
Bay Area tech titan announces mass layoffs just after soaring revenue report. The situation, as it unfolds, is almost a classic example of corporate behavior in the modern tech landscape. A large, established company, let’s call them “Cisco,” reports impressive revenue figures. The numbers are up, the stock might be looking good, but then comes the announcement: mass layoffs. Now, “mass” here is relative, and in the Cisco context it’s a very small percentage, but the principle remains. Why would a company, seemingly doing well, make such a move?
The initial reaction, and a very common one, centers around the impact on employees.… Continue reading
Matt Underwood 
John Q. Hosedrinker