$CSCO | Cisco Q4 Earnings
Chuckie seems to always beat by one penny on earnings but market doesn't like earnings announcement and selling off. Waiting for the conference call to hear about any layoffs.
People are quitting left 'n right every quarter, there is no need for LR. HR is busy spreading misinformation and fear mongering on this site and others to push the faint hearted into leaving on their "own terms". Success!!
Anybody that pays attention to what is going on around them can understand that attrition is so high that there is no need for a LR.
I hope I get your package.
8mil buried, hidden? That’s like 20 people probably.. Out of how many thousands?
Buried in the numbers was $8m last quarter for restructuring, so it’s likely there were stealth layoffs during the last quarter.
People don't seem to understand just how bad the attrition numbers are currently. Between OPEX cuts and some very significant attrition levels LR is not feasible.
How abt hiring freeze?
There was no mention of LRs on today's call.
Chuck said no LR during this Q. The Cisco engine machine is firing on all cylinders and all is good.
so no layoffs ? Did ELT team specifically said that there are no layoffs ? (or) was it an assumption ?
Winning!! Futures so bright I gotta wear shades. Rock on, Chuck!
Maybe a quiet stealth layoff of 500?
No LR, yeaaaaaaaaaaaaaaaah!
Come back at the end of Q1 (end of Oct).
No layoff?