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During the dot com bubble even companies with massive (for the time) revenue did huge layoffs. Cisco was probably the poster child for that.
by marcus0x62 4y ago
During the dot com bubble even companies with massive (for the time) revenue did huge layoffs. Cisco was probably the poster child for that.
- johnvanommen 4y agoI helped a friend move after she was laid off, a couple years after the dot com bubble popped. One of the eeriest things was seeing all those shiny new buildings in Silicon Valley, sitting empty. It was like 15% of the businesses just evaporated. It was a Cisco building in particular that I remember. I was over on that street recently and everything is occupied again, though many of the names have changed.
- marcus0x62 4y agoWhen I left Cisco in 2014, some of those buildings were still practically empty.