Cisco Systems Inc.’s (NASDAQ: CSCO) operations chief has left his position, the San Jose networking giant disclosed to the U.S. Securities and Exchange Commission on Thursday afternoon.
https://www.bizjournals.com/sanjose/news/2020/12/17/cisco-operations-chief-steps-down.html
MM made a cool December Christmas half a million cashout.
Insider Transaction Type Value Date Shares
MARTINEZ MARIA
Officer Sale at price 44.49 - 45.00 per share. Direct 446,930 Dec 16, 2020 10,000
CHANDLER MARK D
General Counsel Sale at price 44.81 per share. Direct 12,010 Dec 14, 2020 268
Why do these id–ts keep saying Cisco should compete with AWS? Impossible and just dumb.
And now V2Momma is expanding her Empire, taking much of Ops under her purview. Things going to get worse before they get better, if they ever do get better.
People move on, people get LRed. Welcome to the corporate world where an employee is just a fraction of a number in the debit column of a balance sheet of a public company. The quicker you realise thT, the quicker you need to visit your accountant more than once a year and start planning your own financial path better.
Another clown leaves the circus...
Cisco makes a good base cake.
Cisco 9500 and 9300 good base platforms.
It is the icing on the cakes that the masses are not going to adopt.
Icing such as Cisco DNA.
The point is, the icing part of the cake, like Cisco DNA, is the expected financial and software services add-on that the company needs to transition to a software company.
Are the biggest customers truly adopting these new services like DNA?
Cisco missed the boat years ago when opportunity to build an AWS-ish Cisco-branded cloud service was a possibility.
Now all I need is a firewall entry to have existing on-prem older Cisco gear to work with our AWS VMs.
This is what is happening at Customer after Customer.
This above migration is keeping many of us prior Cisco folks very employed. It is sad to see it, because I am a Cisco advocate.
Tell me the above is wrong and off-base. This is honestly what I am living daily post Cisco but still very actively working on networks on a daily basis.
On -prem Cisco stuff out there now not going away. It just will never be upgraded.
The ELT only cares about cost-cutting & stock buybacks. Technology, acquisitions, and customers are not a priority.
He was speaking at one of our Operational calls, and when someone asked him about 5G his response was for phones. ???? 5G will be big for anyone who wins in the router market. I was shocked that he didn't understand that.