5500 + 1100 cuts in cisco

[ggnfs000]

shockwave is still reverberating through campus, as far as firing is concerned, cisco does it swift, in blink of an eye.
Acquiring lot of modern AI, cloud, IoT companies trying to transition and shedding of existing employees. Can not critize or defend it, hey, would you critisize or praise industrial revolution, abolishing of slavery and gold rush?

[that1guy15]

This is an annual tradition for Cisco. The thought is to cut the dead weight and slim down the areas not producing. If you talk with anyone who has seen the Cisco culture you can tell its a very poisonous environment in alot of areas.

These types of practice leads to cut-throat, focus on keeping a job mentalities instead of innovation. Why take the risk or push yourself into new areas when you risk losing your job next year if you cant keep up.

Cisco has shown time and time again they cannot keep up with innovation and new trends. And their business model shows it. keep the core business (route/switch) running and acquire in areas to gain market share. 

I honestly dont think Cisco is going to have a good 10+ years. they have to make some serious changes to pull themselves out of this one.

[deanwebb]

Small companies are famous for falling apart quickly, except for those that get a headline in the news somewhere.

Small companies with a headline are famous for growing to very large size very quickly as they "conquer the world" in their market or niche.

Then, like all other very large companies, they become famous for their massive acquisitions, followed by their massive layoffs, and then by their massive sell-off of unproductive assets from those massive acquisitions.

When a smaller company gets bought by a bigger one, the rule of thumb seems to be that no matter how many guys from the smaller company are retained "to turn things around", if you're from the smaller company, cash out and bail out before the bigger company burns you out or boots you out. Things hardly ever end well for the acquired in the long run.

[ggnfs000]

This is an annual tradition for Cisco. The thought is to cut the dead weight and slim down the areas not producing. If you talk with anyone who has seen the Cisco culture you can tell its a very poisonous environment in alot of areas.

These types of practice leads to cut-throat, focus on keeping a job mentalities instead of innovation. Why take the risk or push yourself into new areas when you risk losing your job next year if you cant keep up.

Cisco has shown time and time again they cannot keep up with innovation and new trends. And their business model shows it. keep the core business (route/switch) running and acquire in areas to gain market share. 

I honestly dont think Cisco is going to have a good 10+ years. they have to make some serious changes to pull themselves out of this one.

Watched for several years, lay off has been continued yearly, ubabated. I think cumulative number of people has been laid last few years are probably almost more than half of its total employees. Talk about shedding skin and growing new one. Tadaaa