"We're focusing on high-growth areas" is the new big tech excuse for "you're no longer needed"

If you hear executives at your company talking about 'focusing on high-growth areas' such as AI, you know you're in for a rough ride.

The continued scale of layoffs has been jarring, but what's worse is the messaging surrounding these cuts... aimed purely at maximizing the ability to invest in generative AI.

So far in 2024, we've heard executives talk about their sharpened focus on 'high-growth' or 'key strategic' areas, which typically includes cybersecurity and AI.

Cisco revealed plans this week to cut 7% of its global workforce, equivalent to over 5,000 roles, for example.

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