Thread regarding Cisco Systems Inc. layoffs

Bean counters

Is it me or Cisco has become a company full of bean counters? Our CFO has built a finance team that has too much influence on the strategic direction of the company. Simply put, you can’t cut your way to prosperity and growth. Innovation is key!!!!

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Post ID: @OP+12SM1y9g

8 replies (most recent on top)

The rest of the market is absolutely rocking ....

yet Cisco faces "headwinds" and "macros" and sh*t.

YOU'RE DOING IT WRONG

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Post ID: @4hou+12SM1y9g

At Cisco, the beancounters have always been in charge. It's not a bad thing for the shareholders.
Cisco has survived in an environment that k–led many competitors. Keeping tight control over money is important. Ask Nortel or Lucent what happens when revenue drops but spending doesn't.

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Post ID: @3wmb+12SM1y9g

Just shuttup and sell more sh.|t products.

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Post ID: @3dxx+12SM1y9g

T–ds: Polished Daily

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Post ID: @3kow+12SM1y9g

Time for a change in leadership!

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Post ID: @1tti+12SM1y9g

Two words....Financial Engineering

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Post ID: @1gtd+12SM1y9g

Cisco has always been a bean counter company, innovation occurs through mergers & acquisitions.

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Post ID: @1cgs+12SM1y9g

Hear hear. The bean counters are CLEARLY in charge. When you double prices, you can double profits. Then cut all other expenses to the bones. Simple really....

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Post ID: @zyv+12SM1y9g

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