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maryam@impact
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[email protected],
User Rank: Light Sabre
5/27/2017 | 5:04:55 PM
Re: cuts
Very funny but they may still reinvent themselves many would have said Apple was dead in the 90's and Microsoft was King. Now the tables have turned. Turnaround can be achieved its just not easy to turn the ship.
kq4ym
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kq4ym,
User Rank: Light Sabre
5/25/2017 | 3:48:44 PM
Re: cuts
Things may look gloomy at Cisco to many with the news coming out. Restructuring and the" 5,500 positions Cisco eliminated during a restructuring plan that started in August 2016," will probably not be giving employees and sense of health there. Even the photo of Cisco's logo on the sign on this story looks very much like a tombstone ironically, just without the birth and death dates!
maryam@impact
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[email protected],
User Rank: Light Sabre
5/22/2017 | 5:25:10 PM
Re: cuts
Michelle yes its usually a combination but they leave the organization with both a lack of long-term knowledge and a moral problem sometimes retraining can be an option to address bot the need for evolution and cost management.
maryam@impact
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[email protected],
User Rank: Light Sabre
5/22/2017 | 5:18:04 PM
Re: cuts
Yes, Scott, it is sometimes a tough transition from hardware to software but if someone is willing I think they should be offered the retraining option. There is also something to be said for employees that have some long-term understanding of the company.
Michelle
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Michelle,
User Rank: Light Sabre
5/20/2017 | 10:42:36 PM
Re: cuts
@maryam I can imagine they're both cutting lower performers and moving some folks around. I would guess the bottom line will be helped a bit by some of the cuts.
danielcawrey
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danielcawrey,
User Rank: Light Sabre
5/20/2017 | 9:07:45 PM
Re: cuts
I think it's still safe to be positive on Cisco's long-term outlook.

The company has weathered some serious storms in the past. In addition, it's really good at acquiring companies and assimilating them - that's not easy. But gives me an impression they will come out of this a better company. 
Scott_Ferguson
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Scott_Ferguson,
User Rank: Light Beer
5/19/2017 | 9:10:44 AM
Re: cuts
@maryam: It is true that many times people are rehired, but they have to have the right skill sets. The issue is that much of Cisco, like the other parts of the industry, is still hardware based and with less jobs in hardware, it can be tricky. Oracle, IBM and Microsoft are going through the same thing. And yes, these companies should do more to put people in growth positions instead of cutting. 
Scott_Ferguson
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Scott_Ferguson,
User Rank: Light Beer
5/19/2017 | 9:08:38 AM
Re: cuts
@PhilBritt: All good points, and as far as automation goes, it's very unclear if XX amount of jobs can be replaced. However, some of the studies out there show that AI can take over a number of different position, even those once considered highly skilled. Here's one that shows it: http://www.enterprisecloudnews.com/author.asp?section_id=571&doc_id=732689&
maryam@impact
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[email protected],
User Rank: Light Sabre
5/18/2017 | 10:50:03 AM
Re: cuts
Scott it's a great point they should report net hires. We can only hope that some of those people were placed in other positions but with the evolution does come to some necessary cuts, when skill sets are not transferable there is often little choice. It would be great if organizations offered to retrain to those interested but often times it's simply a bottom line issue or a way of moving out less desirable employees.
Phil_Britt
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Phil_Britt,
User Rank: Light Sabre
5/18/2017 | 10:21:20 AM
Re: cuts
Even though some are likely to be moved, even "good" jobs are susceptible to automation. Another issue is that, thanks in part to automation, the U.S. workforce continues to become more productive. But productivity gains, while leading to lossses of some positions, don't always result in higher salaries for others.

 
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