Mitch Wagner 8/19/2016 | 4:07:24 PM
Re: The meek will NOT inherit the earth Indeed yes. 

These kind of hair-trimming layoffs quite frankly make me angry. But certainly a company foundering is worse for all employees. 

And the employees who are let go can point to their tenure at Cisco with pride. That's harder when you're leaving a company that has an unsuccessful reputation. 
rocket101 8/18/2016 | 3:42:22 PM
Re: New World Order Not so soon. How much of the 12.6 billion in revenue came from SW/open source? Theykeep mentioning software, softwar, software.......How much revenue came from selling Hardware and how much from software? Majority of the revenue is still coming from selling Hw based Routers and Switches + other hw based equipment. 

alangonchar 8/18/2016 | 3:13:54 PM
The meek will NOT inherit the earth Cisco will survive and flourish because of their culture of questioning everything and making the tough decisions.

Their shareholders and the remaining 93% of their employees need to be taken into account as well.

Watch closely as other organizations like Dell and Oracle follow suit with much larger numbers of layoffs/firings/early retirement.

This is not a cruise to richer waters at all - it's more of a survival journey.
Mitch Wagner 8/18/2016 | 2:40:09 PM
Re: Ciscosson on the back foot Indeed, it's hard to make any kind of long-term commitment to an employer when the employer isn't doing the same for you. 
Duh! 8/18/2016 | 12:07:43 PM
Re: New World Order Or Cisco could have taken the initiative to re-skill their human capital to meet changing business needs.  As AT&T has been doing, to their immense credit.
sarcher60555 8/18/2016 | 10:56:34 AM
Re: New World Order Open source is the death of Cisco and other Hardware heavy companies.
Alison_ Diana 8/18/2016 | 9:59:29 AM
New World Order It's always difficult to think of the people behind the numbers, but business-wise this makes sense. For the past couple of years or so, pundits have pointed out the workforce shifts that will come from an as-a-service world -- and one of the biggest is the declining number of people necessary. It's also reflective of Cisco's changing model, as Mitch wrote. Once heavily reliant on hardware, Cisco no longer needs some of the skills it previously nurtured. My heart goes out to those who lost their jobs and I hope they find new positions soon, perhaps by taking on education in software, security, big data or other specialities in high demand (and salaries!).
[email protected] 8/18/2016 | 3:25:13 AM
Ciscosson on the back foot With Ericsson awaiting a new CEO and having a new cost-cutting [program in place, and now Cisco staff spending 4 monitsh wondering if their names will be on the hit list, there's going to be a lot of uncertainty within the ranks....

I expect rivals will be taking the opportunity to become more aggressive in both competitive offers and in terms of headhunting.
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