Anyone know why?
25 replies (most recent on top)
Let’s face it, Cisco security is a mish-mash of all sorts of acquisitions and legacy products. What’s the last actual product developed in house? Even NGFW was just a merging of codes that was a 2 year abomination and now we know ETA was copied off someone else. This integrated approach spiel versus a best of breed one is a misnomer. It’s really Best of Breed vs Whatever Companies We Could Aquire On Kelly’s Agreed Budget. There’s no central management or logging so you might as well go with BoB. The only slight advantage is the ELA approach as Cisco has decoupled licences away from HW.
Despite all that I suspect that Maynard leaving is still Ken clearing the decks of failures, following Gardner out of the company. Cisco were clearly stating that Security should be a $2B biz by now, it’s grown, but only inline with the revenues through acquisitions. It’s not shown real organic growth, and spunking $1B on 1000 dies (sic) seems like folly.
https://twitter.com/jmaynard1001/status/1323240378724716544
Yes. It is called a managed decline.
Then what? Routing & Switching is still plummeting rapidly . Ride it to zero?
Selling the entire security business off will make enough in the short term.
Selling the entire security business off will make enough in the short term.
Security is a tiny portion of revenue
Route and Switch $$ is dropping at a faster rate than security sales could ever hope to displace
Security is a tiny portion of revenue.
@1nzb+17HDGx5e not only that but most of tech is left of center anyway. Caring about social issues doesn't even make you stand out, you're just following the crowd.
when all you have to sell is legacy firewalls and fake DNS security that an infant can bypass, why would you stick around?
oh and lets not forget the Duo toys either in the calculus.
he saw massive headwinds in SEcurity sales and bailed before the horrific quarterly reporting disaster comes
Caring about society's issues is important.
I don't dispute that. But do people really think that when a company is upgrade shopping for a new technology function for their network; that the vendor's programs on social issues factor into the equation?
There indeed is lots of money from decades of true technological innovation. That is the past.
What IS the future Cisco technology innovation? Being a customer and former Cisco, I think legacy Cisco stuff is great.
The future is the part that scares me for Cisco. I don't make the purchasing decisions for my network (medium sized enterprise), but in last three years; each time a new piece of the infrastructure goes EOL, the comittee that makes the technology decision on next vendor has always gone with someone else.
Really wondering where Cisco is going, for all my friends still there.
There is plenty of money but no growth , that's the issue. ELT cannot innovate or correctly throw darts at startups to generate additional revenue, so they must cut. Layoffs, outsourcing etc are the rule of the land. It's the lazy way to boost profit and has unintended consequences.
He officially sent his good bye email. its confirmed he is leaving.
"With all that profit and money on hand, they don't really need to do layoffs. during this difficult time."
Why did the conduct several layoffs every year for the past decade? Layoffs didn't just start recently.
I'm from GSSO, hit my target, hit my spiff.. achiever and all that.. and get notified my position is at risk Oct 7th, with the choice of exit date either Oct 30th or Nov 23rd.
Maynard farewell email from Ken was Oct 30th.. so.. yeah.. maybe what happened to him is the same with what happened to the rest of us.
Doesn't matter that we are one of that org that still contributing growth for Cisco..
Lots of new GTM leaders will be from Duo. . I think with the acquisition, they also need to keep adjusting the headcount, and will sacrifice the original team
I think ELT very ruthless.. With all that profit and money on hand, they don't really need to do layoffs. during this difficult time.
I briefly worked in the cyber security area of Cisco. It's mostly relationship managers that know high-level buzzwords. Cisco culture is id–ts using high-level buzzwords to sell garbage to id–ts.
per his linkedin and cisco internal page descriptions he is economics major and was in finance and now in cybersecurity expert. now you know the cisco heads. you need a CS tech guy to lead cisco not some history major like most of ELT
He was in charge of security sales.
who is he? what is his job title?
Because Palo is a rocket ship.
These people are mo–ns. He's definitely leaving. I got the email as well on Friday. Hopefully whoever doubts he's leaving gets axed next LR for being id–ts.
That’s not true. He is not leaving.
It is not fake news. It was announced last week.
Fake news
Waiting On the World to Change