Thread regarding Cisco Systems Inc. layoffs

New Leadership is just a reshuffle of the ELT under Chuck and being so woke, announced on Internation Women's Day!

Team,

Today, I’m thrilled to share some exciting news about our Executive Leadership Team (ELT). Fran Katsoudas and Liz Centoni are taking on additional responsibilities with expanded roles and Maria Martinez is named as our new Chief Operating Officer (COO). As always, we are constantly looking at how we can evolve our organization for greater impact, simplicity and speed, and I am confident that these changes achieve just that.

Fran Katsoudas Named Chief People, Policy & Purpose Officer

When I became CEO, one of my stated goals was simple – for Cisco to be the greatest place to work in the world. To have achieved that honor once, let alone twice, is astonishing. Fran and her team have played a huge part in this as they are constantly innovating and bringing creative solutions to put our people-first strategy at the center of all we do. Fran always sets ambitious goals and finds ways to meet them and I want to thank her for this.

We all know that the work we do is more meaningful when it’s linked to purpose – giving us the confidence that what we do every day is making a difference. I’m excited to share that Fran’s new organization will be renamed to People, Policy & Purpose – doing even more to infuse our purpose into all that we do. This is key to delivering the best experience for our people, enriching the communities around us, and building a stronger business for our customers and partners. We can all be proud of the impact we’ve made in our communities over the past 30 years, and under Fran’s compassionate and bold leadership, we’ve only accelerated these efforts.

To continue to maximize our impact, Michael Timmeny and the Global Government Affairs and CDA team will move into Fran’s organization. The policies set by the countries and governments around the world in which we operate have meaningful impact on our people, our communities and our business and they’ve become more intricately embedded in our overall business strategy.

Michael and his amazing team have built strong relationships across all levels of government. Under his leadership, Cisco is known as a highly trusted partner to governments around world. I will continue to work closely with Michael as he is a critical advisor to me. He and his team are the best in the business and I look forward to seeing all they will accomplish as part of this new team.

Liz Centoni Named Chief Strategy Officer and GM, Applications

A year ago, I asked Liz to take on a new role as our leader of Emerging Technologies and Incubation to anticipate, invest in and incubate new technologies that we can scale and take to market. Shortly thereafter, I also asked her to lead our corporate strategy efforts to help develop and lead our strategy for the future as she is one of the most strategic thinkers I’ve worked alongside.

As we developed our three-year strategy that we shared with all of you in January, it became clear to me how important it is to have our emerging technologies and incubation work tied to our strategy to best anticipate the needs of our customers years ahead. An important part of this strategy is delivering optimized application experiences for our customers as we know that applications are now the lifeline for so many businesses.

I’m excited to share that Liz will lead our full-stack observability efforts, which will include and be aligned to our AppDynamics business. Liz has a strong track record in identifying key innovation, driving scale and translating that into revenue growth. The AppDynamics team, led by Linda Tong, is developing innovation that is truly game-changing. I believe bringing AppDynamics together with our full-stack observability strategy under Liz’s leadership will allow us to provide even greater value to our customers in the future.

Jeetu Patel will continue to lead our Security and Collaboration businesses – both high growth markets for us. During his time at Cisco, he has shown a deep ability to drive differentiation in these two intensely competitive markets. Going forward, he will be hyper focused on increasing our velocity of innovation in these areas to ensure our success. I want to thank Jeetu and his team for all the incredible work they are doing.

Maria Martinez Named Chief Operating Officer (COO)

Please join me in congratulating Maria as our new COO. In December, we announced that Maria would be leading the majority of our Operations team in addition to Customer Experience (CX). Since then, she has swiftly aligned this new team to accelerate our business transformation and drive maximum impact.

I am incredibly proud of the progress that we’ve made and Maria, along with CX and Operations, has been instrumental in our success. As we look to the future, we must build on this strong foundation, understand where we need to go and the steps we must take to get there. Maria has a clear vision for what success looks like and has proven her ability to work across multiple functions to transform and do what is best for Cisco. With her deep software expertise and commitment to excellence, I am confident in her ability to continue to accelerate our transformation efforts.

As our COO, Maria is responsible for the company’s operations and transformation, as well as building high-value experiences for our customers, partners, and employees. This will serve as the anchor for our future success as we bring greater innovation to customers to meet their future needs. Maria has already hit the ground running, as her team has begun the work on cross-functional strategic execution and developing a company-level plan and roadmap. I am excited to see all that she will help drive in this critical role for us.

Confidence in What’s Ahead

Please join me in congratulating Fran, Liz and Maria on their new roles. All three of these leaders consistently make bold moves, build amazing teams and are simply fearless in their approach to all that they do.

As we continue to execute against our strategy and drive greater innovation for our customers, it’s critical that we continue to support our people and communities, increase our cross-company collaboration and operationalize our strategy and execution efforts. When we come together as one team with a common purpose and a mindset rooted in growth, conviction and ambition, there is nothing we can’t achieve.

Thank you to all of you for your continued focus and determination. We have a unique opportunity in this moment to shape the future for Cisco, deliver even more to our customers and partners, and continue to make a positive impact in the world around us.

Chuck

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Post ID: @OP+19MR3WWj

20 replies (most recent on top)

Chick-fill-O

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Post ID: @8bky+19MR3WWj

I was surprised about MM's promo to COO. I don't work in CX but she's never impressed me.

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Post ID: @4spr+19MR3WWj

MM is talented at layoffs and outsourcing, she actually makes an ideal COO at Cisco.

CEO - Convincing Wall Street that Cisco is a technology company
COO - Handles layoffs and outsourcing
CFO - Handles stock buybacks and dividends
Chief People Officer - Divides and distracts employees with social justice initiatives

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Post ID: @2pdq+19MR3WWj

This Son of a Priest really "likes" women.

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Post ID: @2whe+19MR3WWj

So glad I sold all my options and ESPP shares when I was LR'd a few years ago. What a joke.

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Post ID: @1pti+19MR3WWj

Making MM anything, let alone COO is nothing more than a woke move. Not a smart one. Putting her on the CEO path marks the end of services and this company in a few years. Get rid of everyone except the low skill offshore wastes, quit developing services, bring in cronies to get a piece of the fluff, then have the company nothing but cash in the bank. Sets it up for her old company or some other to buy it out. Her and AB have been absolute disasters and failures for services. At least there's the v2mom that no one but her and her yes men give a rip about.

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Post ID: @1ebr+19MR3WWj

High tech fleecing. The SalesFarce crew just getting paid.

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Post ID: @1egy+19MR3WWj

Every time I see her I remember her laughing at the folks they were letting go.

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Post ID: @1vxi+19MR3WWj

Where's Chief LR Officer?

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Post ID: @1way+19MR3WWj

Seriously, I have no idea what Fran actually does. Why does she need 10 VPs?

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Post ID: @lwv+19MR3WWj

Enjoy your “new” role, Fran. Head of the PP & Poo org. Bravo! Fitting.

Yes, I’m feeling immature today. Cisco has fallen to a new low.

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Post ID: @nss+19MR3WWj

Cisco used to be one of the companies that set the pace. Now, it's just following the latest woke trends in order for it to pretend to be relevant.

You have to hand it to Chuck. As the CEO, he's done nothing innovative, but still gets paid millions of dollars to rest of the laurels of the early innovators that made Cisco what it once was. It's a great gig if you can find a board willing to give it to you.

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Post ID: @czl+19MR3WWj
Woke announcements. How does that translate to customer satisfaction and ultimately increased revenues?

Because our Policies will NOW have Purpose to screw over our People. :-)
The policies were just random and unthought out before.

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Post ID: @pyz+19MR3WWj

He's your Chuckleberry.

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Post ID: @xug+19MR3WWj

Don't expect a raise to match inflation. Chuck will probably make $30,000,000 this year.

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Post ID: @tza+19MR3WWj

What a joke this company has become.

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Post ID: @dta+19MR3WWj

Woke announcements. How does that translate to customer satisfaction and ultimately increased revenues?

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Post ID: @ojm+19MR3WWj

We need an R2D2.

The title "Chief People, Policy & Purpose Officer" is literally C3PO.

C, Three Ps, and an O.

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Post ID: @hul+19MR3WWj

We are in a lot of trouble. Oh boy.

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Post ID: @bih+19MR3WWj

Great news for shoe sales!

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Post ID: @sff+19MR3WWj

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