Light Reading
Playing host to President Bush and Governor Schwarzenegger, Cisco is taking precautions including leaving employees home

W Does Cisco

Craig Matsumoto
News Analysis
Craig Matsumoto
4/21/2006
50%
50%

SAN JOSE -- Don't panic if the Cisco Systems Inc. (Nasdaq: CSCO) home base seems deserted today. It's not a plague or alien invasion.

Well, not exactly. It's a visit from the heads of state -- President George W. Bush and California Governor Arnold Schwarzenegger!

Technically, employees aren't being chased out, but Cisco is suggesting they consider telecommuting today "due to the expected parking lot and road closures," a spokeswoman says.

Wonder if this guy's gonna show up.

In place of its employees, Cisco can expect the usual flood of protesters who tail Bush. The company has drawn up one of those "free assembly zones" to accommodate them, and there will be law enforcement on hand. The spokeswoman wouldn't give out numbers of cops or vehicles expected.

The Republican duo is visiting Cisco's San Jose headquarters to participate with CEO John Chambers in a panel discussion on future competitiveness in America.

The crux of the discussion will probably be Bush's "American Competitiveness Initiative" aimed at keeping the U.S. workforce on a par with China and India. The 10-year, $136 billion plan was drafted with guidance from Silicon Valley executives and venture capitalists and unveiled during Bush's State of the Union Address in January. It includes proposals to make the R&D tax credit permanent and to add $50 billion to federal research budgets in the physical sciences. As part of the initiative, Bush also created a National Math Panel to look into improving mathematics education.

— Craig Matsumoto, Senior Editor, Light Reading

(97)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Page 1 / 10   >   >>
shaggy
50%
50%
shaggy,
User Rank: Light Beer
12/5/2012 | 3:56:37 AM
re: W Does Cisco
Article quote:

"The crux of the discussion will probably be Bush's "American Competitiveness Initiative" aimed at keeping the U.S. workforce on a par with China and India. That $136 billion plan was drafted with guidance from Silicon Valley executives and venture capitalists."


Oh boy, VCs, and silly valley execs, and W to boot- what a frickin' brain trust \.

I'm sure they will craft an open, unbiased plan to address this issue, making life better for all of us common folk. Uh-Huh, that's right, those VCs are sooooo alturistic.

/sarcasm
Sisyphus
50%
50%
Sisyphus,
User Rank: Light Beer
12/5/2012 | 3:56:36 AM
re: W Does Cisco
> Oh boy, VCs, and silly valley execs, and W to
> boot- what a frickin' brain trust

Exactly my thoughts. Throw in a couple of elite academic experts into the mix, and if that's the "plan"... well, the trend will continue, and in 20 years we'll all be brewing cappuccinos for each other.
Pete Baldwin
50%
50%
Pete Baldwin,
User Rank: Light Beer
12/5/2012 | 3:56:35 AM
re: W Does Cisco
Ah, I was wondering when the H-1B thing would come up. I don't suppose anyone will feel better if I add that Cisco and Intel contributed to the Competitiveness Initiative too... :)
OpticOm
50%
50%
OpticOm,
User Rank: Light Beer
12/5/2012 | 3:56:35 AM
re: W Does Cisco
And the real culprit is the government (state and federal) because they are not regulating and taxing products of companies who are eliminating jobs here only to bring H1Bs and to outsource to foreign countries.
The pigs in corporate jets have an excuse that they outsource (bring H1Bs) to "maximize the shareholder value", even if the reality is that they maximize their gain in the first place, and then, maybe, think of shareholders.
OpticOm
50%
50%
OpticOm,
User Rank: Light Beer
12/5/2012 | 3:56:35 AM
re: W Does Cisco
are to blame, not the math competitiveness.
When somebody gives you that crap, just ask him how come the outsourcing is going to China and India, countries who are not amongst the top performing scholastic and not to Japan or South Korea, who are.
The answer is corporate greed not math skills.
Pete Baldwin
50%
50%
Pete Baldwin,
User Rank: Light Beer
12/5/2012 | 3:56:34 AM
re: W Does Cisco
Craig, please re-read post #4.

Dude, I posted that *because* of post 4, just for amusement. Laugh a little.

You do have the situation wrong, though -- the VCs aren't "paying homage" to the Competitiveness Initiative, they're taking (partial) credit for *creating* it. Which, in the context of your post, means things are even worse than you thought.
paolo.franzoi
50%
50%
paolo.franzoi,
User Rank: Light Beer
12/5/2012 | 3:56:34 AM
re: W Does Cisco


Why do you think you should have a job when somebody else will do the same job for less money?

If you think taxing will do it, the companies will move their HQs out of the US.

Either do more work, better work, or specialized work - otherwise there is no justification to pay you a dollar more than the job pays in India or China. It is no different than any other job - like those being filled by undocumented aliens. They get those jobs because they will do them for less money.

seven
shaggy
50%
50%
shaggy,
User Rank: Light Beer
12/5/2012 | 3:56:34 AM
re: W Does Cisco
Craig, please re-read post #4.

It echoes my sentiments as well. The VCs and execs will pay homage to the "Competitiveness initiative" in order to gain political chits, so they can continue to shovel jobs out the back door. So long as their pockets stay lined with cash, and the sacred "shareholder value" is preserved, they will smile for the cameras and keep on doing whatever will keep their cash flowing.

Would you like some fries with that?
paolo.franzoi
50%
50%
paolo.franzoi,
User Rank: Light Beer
12/5/2012 | 3:56:33 AM
re: W Does Cisco
ice,

I am sorry that you do not understand economics. You get paid for a job based on your productivity. If people are willing to do your job at the same level of productivity for less money, you will lose your job. This will happen 1 of 2 ways:

1 - The company will hire the lower paid worker.
2 - The companu will go out of business because its products are too expensive.

I am simply pointing out to you economic reality. None of your points matter in the least. The whole point of globalization will be the leveling of wages. There is nothing that can be done about it. Your standard of living will go down. So, will the average person's in the US. If you think this is unique to engineering, then look at factory workers or farm workers. Then tell me why you buy any goods built in foreign lands or eat food picked by foreign workers.

seven
geof hollingsworth
50%
50%
geof hollingsworth,
User Rank: Light Beer
12/5/2012 | 3:56:33 AM
re: W Does Cisco
I have seen lots of other self-interested people supporting the initiative, including the NSF, the NIH, the National Association of Manufacturers, the National Academy of Sciences, the Council on Competitiveness, and politicians of all stripes and colors. This is the first time I have heard that it was the brainchild of Silicon Valley execs and VCs. It is certainly not a priority for the NVCA, for example. From their website: "...we have not yet taken a leadership role in these efforts - nor driven policy decisions - as we have done on other core issues like capital gains reduction or stock options expensing." Not saying it isn't true, but I would be interested in your source.

Personally, I think innovation would be further ahead if we just stopped our spending on litigation and transferred a small fraction of that money to R&D. Surely we can agree to gang up on the lawyers, right?
Page 1 / 10   >   >>
Flash Poll
Wagner’s Ring
Data Centers Drive Telcos Into the Future

8|28|14   |   2:20   |   (2) comments


Data centers are at the heart of key trends driving telecom -- network virtualization, the drive for increased agility, and the need to compete with OTT providers.
LRTV Custom TV
Why SPs Should Consider Cisco's EPN

8|27|14   |   5:40   |   (0) comments


Sultan Dawood from Cisco discusses Cisco's EPN, which enables SPs to build agile and programmable networks delivering new network virtualized services using Cisco's Evolved Services Platform (ESP).
LRTV Huawei Video Resource Center
Huawei’s Showcase @ Big Telecom Event 2014

8|26|14   |   2.56   |   (0) comments


SoftCOM is Huawei's framework for telecom business and network transformation. Haofei Liu, Solution Marketing Manager, Carrier Business Group, Huawei, showcases Huawei's SoftCOM architecture in this video.
LRTV Huawei Video Resource Center
Huawei @ BTE 2014: Director of Integrated Solutions on SoftCOM & NFV Monetization

8|26|14   |   4.43   |   (0) comments


Libin Dai, Director of Integrated Solutions, Carrier Business Group, discusses Huawei's SoftCOM and NFV monetization. Huawei believes that NFV monetization should be service-driven rather than network-driven, and that operators should have network transformation, service transformation and a compatible and collaborative ecosystem in place in order to deploy NFV.
LRTV Huawei Video Resource Center
Huawei @ BTE 2014: Director of US NFV Lab on CloudEdge & the Future of NFV

8|26|14   |   4.06   |   (0) comments


Sean Chen, Director of US NFV Lab at Huawei, discusses Huawei's new approach to NFV in open collaboration. Huawei believes that through Proof of Concept tests, it could help operators learn and communicate with the industry more effectively. Sean believes that successful implementation of NFV should have its values reaching to end users and discusses how Huawei's ...
LRTV Huawei Video Resource Center
Huawei's Highlights @ Big Telecom Event 2014

8|26|14   |   3.34   |   (0) comments


At the Big Telecom Event in Chicago Huawei showcases its high-level strategy, the SoftCOM architecture, which helps operators reduce the cost of ownership of their network infrastructure and generate additional revenue in the ICT service environment. Huawei showcases over 30 pilot programs from across the globe, focusing on the industry-leading commercial ...
LRTV Custom TV
VeEX – Live from the Show

8|21|14   |   5:58   |   (0) comments


An overview of VeEX Test and Measurement solutions including TX300S multi-service test set with VeExpress cloud-based management system, UX400 universal modular platform supporting 100G testing, and the redesigned RXT modular platform.
LRTV Custom TV
Transitioning CE 2.0 Networks Into the SDN & NFV Era With Telco Systems

8|19|14   |   5:19   |   (0) comments


Telco Systems' Ariel Efrati (CEO) and Moshe Shimon (VP of Product Management) discuss virtualization and how the company's new Open Metro Edge solution utilizes the SDN and NFV concepts to accelerate and orchestrate service delivery through its innovative product portfolio and software applications.
LRTV Custom TV
NFV Myths: Is NFV Still Several Years Away?

8|11|14   |   1:13   |   (0) comments


Some say that NFV (network functions virtualization) is still several years away from being implemented on mobile operator networks. This isn't the case. Operators can get started on their paths to NFV now, as this short video from Skyfire shows.
LRTV Custom TV
A New Security Paradigm in SDN/NFV

7|28|14   |   02:54   |   (0) comments


Paul Shaneck, Global Director Network Solutions for Symantec, discusses the evolving virtualized network, explaining how Symantec is leading the security discussion as it relates to SDN and NFV, and helping to ensure the network is protected and compliant.
LRTV Documentaries
Sprint's Network Evolution

7|24|14   |   14:59   |   (0) comments


Sprint's Jay Bluhm gives a keynote speech at the Big Telecom Event (BTE) about Sprint's network and services evolution strategy, including Spark.
LRTV Documentaries
BTE Keynote: The Software-Defined Operator

7|24|14   |   18:43   |   (1) comment


Deutsche Telekom's Axel Clauberg explains the concept of the software-defined operator to the Big Telecom Event (BTE) crowd.
Upcoming Live Events!!
September 16, 2014, Santa Clara, CA
September 16, 2014, Santa Clara, CA
September 23, 2014, Denver, CO
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
A survey conducted by Vasona Networks suggests that 72% of mobile users expect good performance all the time, and they'll blame the network operator when it's not up to par.
Hot Topics
Rogers, Shaw Take Aim at Netflix
Mari Silbey, Independent Technology Editor, 8/26/2014
Utilities to Pump $11.2B Into Smart Grid – Study
Jason Meyers, Senior Editor, Utility Communications/IoT, 8/26/2014
Verizon Launches QR Code Security Solution
Carol Wilson, Editor-at-large, 8/26/2014
Fiber Revival at Deutsche Telekom
Iain Morris, 8/25/2014
M2M's In Fashion: Wearables Play the US Open
Sarah Reedy, Senior Editor, 8/25/2014
Like Us on Facebook
Twitter Feed