Thread regarding Cisco Systems Inc. layoffs

Is there hope?

I would like to believe we can rise from the bottom but it’s not looking good when so many good people have been laid off and worthless ELT is getting millions in bonuses. It shows where their priorities lie, and it’s not for the betterment of the company. Decisions being made at the highest levels should benefit the company as a whole, so why doesn’t it feel that way? Even if there was a change in executive leadership I have little hope that things will improve.

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Post ID: @OP+17KvlHfp

5 replies (most recent on top)

It’s sad but Cisco is now a bottom feeder.

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Post ID: @2ame+17KvlHfp

Chuck Chuck Go

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Post ID: @2uyu+17KvlHfp

There is ZERO hope or chance as long as chuck is ceo and we have the ELT we have. All need to be purged ASAP.

Vote in your proxy vote if you own cisco stock to vote chuck out.

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Post ID: @khq+17KvlHfp

Look at History of Nortel, Bell Labs, Lucent. Though remnants exists that is history. There is no one dominant routing vendor now. Cisco is over. move on

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Post ID: @qab+17KvlHfp

It's called a managed decline.
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Managed decline is a phrase that refers to the management of the decline (or "sunset") phase at the end of a lifecycle, with the goal of minimizing costs or other forms of losses and harm. The concept originated in business where it referred to the management of companies and industries, but has since spread beyond to be used in other contexts.

Examples of managed decline include the handling of the textiles, shipbuilding, coal and steel industries in North America and Europe in the 1980s,[1][2] of the postal delivery services in Europe and the United States in the first decades of the 21st century,[3] of the established churches in western Europe since the 1970s,[4] and that of an individual's quality of life in their final years as they face old age or terminal illness.

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Post ID: @iik+17KvlHfp

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