Thread regarding Cisco Systems Inc. layoffs

Basically, we're sc****d

That's my takeaway from that carnival of incompetence.

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Post ID: @OP+17T1QyAR

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" The only way Cisco can increase share price is by reducing expenses." While that may be correct for Cisco, it's not the only way. Making a product that people want/need, is one way. Ensuring bug free code on the products you already have out there would also help. Worrying about your social justice position, is not.

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Post ID: @2trm+17T1QyAR

$5/share will not happen. The Board will remove the Execs. The only way Cisco can increase share price is by reducing expenses. The only way to reduce expenses is to reduce US workforce. Plain and simple. As the stock decreases the odds of massive layoffs increases. If you cannot comprehend that in a publicly traded company, then you get what you deserve.

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Post ID: @1xtr+17T1QyAR

Bingo you win

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Post ID: @1pcu+17T1QyAR

Take an upvote just for the use of "carnival of incompetence".

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Post ID: @pko+17T1QyAR

Seeing they showed me the exit door already, basically YOU’RE screwed

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Post ID: @wml+17T1QyAR

If we keep our jobs, we will be o-k. But the investors... if it goes to $5.00/share... ouch!

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Post ID: @eah+17T1QyAR

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