I'm a reporter with Business Insider and I started covering Cisco a couple months back. I've spoken to employees who are worried about layoffs after surviving annual waves of restructuring in years past, and I'm also hoping to learn more about Cisco broadly from an employee perspective. If you have any info about layoffs or anything else at Cisco, please get in touch via a non-work phone or email (you would be kept fully anonymous, of course). My email's aholmes@insider.com and I'm on Signal at 706-347-1880. Thanks and sorry for clogging this forum with a non-informative post!
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If you are writing about layoffs (or the nice Cisco acronym LRs) and Cisco, you will obtain plenty of material. The problem you will have is condensing the content from 3 petabytes of stories into a one page grab!
"I wouldn’t want to work for another IT company. I’m sure there is better but I’m happy with Cisco."
Cisco has constant layoffs that are not performance based, you sound like a politician or bureaucrat
I come here for entertainment. There is no meaningful info. There people openly writing BS and constantly trolling. You’d be better to read the scribbles on the toilet wall.
To be honest I follow this blog but it has a lot of malcontents and its not very accurate. As someone that works and has worked at Cisco for a long time its a pretty good place to be when its all said and done. I wouldn’t want to work for another IT company. I’m sure there is better but I’m happy with Cisco.
The only thing that bothers me is the limousine liberals that seem to be steering the ship but that’s most companies in 2021. Ultimately if you decide to work for a company your kind of a salary slave so you have to put up with some kind of BS. In regards to innovation I think Cisco has had up and downs and maybe we are in a down cycle but there are a lot worse companies to work for.
"Not the sharpest pencil in the box now are you? If you acquire with cash, this is reflected on your balance sheet directly."
There are probably loopholes and strategies to hide debt we won't find out about for 15 years. You are looking at debt from an accountants point of view as opposed to a criminals.
Non-informative posts are pretty much the bread and butter of this forum.
@1ean+1dgBRE7X : OP: How can I be so sure you're not a Cisco undercover trying to pull an entrapment on me?
Answer: Easy. A. Holmes , Business Insider is on LinkedIn. Have verified publications. Do a Google search.
Disclaimer: I am not the OP and am one of those who he says he has spoken to.
"Where the debt is hidden for the constant acquisitions would be a fascinating discovery.."
Not the sharpest pencil in the box now are you? If you acquire with cash, this is reflected on your balance sheet directly. If you borrow money, a new liability appears on that same balance sheet. Assets and liabilities of the acquired company also show up on your balance sheet. And if you overpay, something called goodwill shows up on the balance sheet. There, fascination provided free of charge!
OP: How can I be so sure you're not a Cisco undercover trying to pull an entrapment on me?
Cisco is a relationship based company, not performance based like others. Eerily similar culture as the HBO series Chernobyl. The company conducts pu--c and stealth layoffs. Stealth layoffs can be tracked by reorganization costs in the quarterly reports.
It's a dying company filled with bureaucrats & politicians pretending to be a technology company. The current objective is to utilize high-level buzzwords as a method to increase stock value. Convince Wall Street/Pension Funds you are a cloud, security, or software company.
Cisco also overpays for acquisitions to boost declining revenue. Where the debt is hidden for the constant acquisitions would be a fascinating discovery...
Read the post called “The GSSO is Sinking QUICKLY”. Many layoffs coming to the security organization.