One of the new hires that just joined my team said that Cisco on-boards 1900 new-hires a quarter! That was the statistic mentioned in their new-hire orientation session.
1,900! That's 7,600 people a year! No wonder we have annual LR's to get rid of 5-6K people every year. They cannot afford to increase in operational costs by absorbing that much payroll debt.
What do you think about these statistics? This has long been a company that people come to just to gain a little experience and leave but some unfortunately still have the illusion of a career growth here.