Thread regarding Cisco Systems Inc. layoffs

Can anyone explain how Chuck spent $50B on acquisitions and sales have decreased?

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Post ID: @OP+17k5HJKC

13 replies (most recent on top)

This is apparently the problem.

  1. INSBU develops technology (Cisco ACI), makes it closed source and hardware based.
  2. They inform customers that they need 400GB switches in datacenters to run the software and ROI is less than 5years.
  3. Customers now realize that the rate of growth within the tech-space at the speed of light. In 5years, they will be massively behind in technology. For example, N9K-C9336PQ was developed in 2014 and was top of the line at the time of release. Today, that switch cant support the new feature of ACI and now costs 800 dollars on ebay. ROI is dead. Value is lost
  4. Customer says hell no and choose cloud services that provides end to end (software, infrastructure and automation)
  5. Cisco is still stuck with hardware and hopes to convince customers that hardware is king.
  6. Maria comes in and says, we need to move to software. 3 years later, no hope to move from hardware. Bugs, lack of modern features, expensive as hell.

This is why sales have decreased. Customers are now smarter + cloud is a lot more secured. Its downward spiral from here for Cisco.

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Post ID: @pqe+17k5HJKC

The sales org doesnt know what made Cisco the power house it was, and have driven it into the ground. Sales dont matter when your product quality gets so bad that no one wants it.

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Post ID: @iqj+17k5HJKC

short it

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Post ID: @fpa+17k5HJKC

Those are investments many might not even be fully commercialized also to protect further disruption in the market

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Post ID: @rry+17k5HJKC

Well, Chuckie is a mathematician. Apparently, not a very good one.

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Post ID: @eqq+17k5HJKC

Technology aside, remember that many our customers' resources crumbled this year due to the pandemic, which then had a domino effect on our decreased sales.

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Post ID: @bbb+17k5HJKC

@Old Cisco Guards. Cisco did try to offer a cloud solution. It was a miserable failure. Done on the cheap.

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Post ID: @qxm+17k5HJKC

Very, very simple.

Yes Cisco makes some kick @ss newer high throughput switches. But you don't need that everywhere. Only critical niches. Once you upgrade, you run the rest of your smaller less important infrastructure with the old stuff. The old stuff still works great and is still very reliable. I need to move packets and get people pointed to a AWS VM. Ten year old Cisco stuff is great for that and will be ran into the ground.

To all hurting today. Wishing you peace.

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Post ID: @azo+17k5HJKC

Very Simple
Cisco sells legacy products that customers do not want or need

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Post ID: @abn+17k5HJKC

its called switching and routing
60 percent of overall business that is declining 10 percent Y over Y

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Post ID: @tde+17k5HJKC

Can we pay ELT (Golden Parachutes) to leave and let people that love this company to come back from GCP, AWS, MSFT and other (they know what they are doing).

We need to create a cloud, put all our app inside it (SAAS), write a check to ourselves for the cloud like OCI did for Oracle, and give ourselves a chance to win?

Maybes just maybe with awesome leadership which are excited about technology over sales will when the day. We need Cisco to be s-xy again...

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Post ID: @vjm+17k5HJKC

Chuck can’t even sell his Pebble Beach Golf Course Mansion that has been on the market for $17M for a year, so he can use the money to build an even larger mansion.

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Post ID: @tpn+17k5HJKC

Puzzling math, huh. Bad record

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Post ID: @zbk+17k5HJKC

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