The ELT strategy is to overpay for startups with revenue growth. Use debt to vastly over pay for startups, and tell Wall Street Cisco's revenue is increasing. Seems to always work.
With nearly 1% interest rates, the acquisition strategy will continue next year. The ELT is pretty good at selling to Wall Street...
"Soon, after several bad quarters, new CEO is brought in from outside and announce massive layoffs."
Goodbye, Chuck.
Welcome, new Cisco CEO Shwarma C–asekianainaneen .
This means people in Cisco are generally sluggish and slow. There are no serious consequences of miss key deadlines. Excuses are accepted. ...
Soon, after several bad quarters, new CEO is brought in from outside and announce massive layoffs.