By having layoffs every 6 months to a year, the following problems have been created:
- Very Junior workforce that has little industry or technical knowledge
- Loss of training hours and resources as skilled employees are removed
- Loss of moral and motivation that allows work to flow smoothly (huge loss of resource hours)
- Constant rework as priorities shift with the changing leadership
- Lost data repositories, processes, code understanding,, and Cisco-specific knowledge and tooling (and the resource hours required to build those tools)
- Interconnected relationships (Cisco is a relationship company - you need to know who to go to to get things done. If you don't have the right connections built in, between teams, because everyone is junior and new - work flows slowly.)
- Customer engagement (most employees who are LRed do not look favorably upon Cisco or cisco products and do not purchase them or speak favorably about them once in other companies).
- Competitive advantage - many employees take thier Cisco knowledge to competitors. Some even get together in LRs and MAKE direct competitors.
This is not a good business practice. It is destroying Cisco.
You build a business by building people.