00:00Amazon, LinkedIn, and Cisco all announced layoffs this week as part of a sweeping tech sector trend that has now
00:07eliminated more than 103,000 jobs in 2026 alone.
00:12All three companies are cutting staff while simultaneously reporting strong financial results, redirecting spending toward AI infrastructure and automation rather
00:22than human headcount.
00:23Cisco said it was cutting fewer than 4,000 jobs, representing less than 5% of its global workforce.
00:30On the very same day, it reported record quarterly revenue of $15.8 billion, up 12% year over year.
00:38LinkedIn's cuts are expected to affect roughly 900 to 1,000 roles, with leadership framing the reductions as an organizational
00:45flattening rather than direct AI substitution.
00:48Looking ahead, Meta is set to begin company-wide layoffs on May 20th, cutting approximately 8,000 employees, or about
00:5510% of its workforce.
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