Thread regarding Cisco Systems Inc. layoffs

Cisco's truth

Cisco is still living off of the innovation created in the 90s. Since 2001, it's just been a bank - collecting checks from their installed base and distributing the profits to shareholders and senior executives.

Cisco hasn't delivered any significant market innovation for two decades. This is why employees have an annual target on their backs. The senior executives have to ensure they can pump up the stock price via cost savings to pay for their second and third homes.

This is it. @1fav+1m0UkFkM hit the nail on the head.

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Post ID: @OP+1mmYA17X

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The majority of innovation comes for acquisitions today.

Cisco has been doing mass acquisitions for almost 30 years. See:

https://en.wikipedia.org/wiki/List_of_acquisitions_by_Cisco

for more. This has been addressed many times. Why is this still new to so many people?

Verify the investment in any innovation Cisco claims.

A good lesson to anyone new to the development job market: when you're given the datasheet in an interview for the new development you are expecting to do make sure it's real and that the company isn't anything more than a collection of programs in constant chaos, because if it is in constant chaos you're going to be doing bug fixing until you wake up and quit or don't wake up and are laid off. Cisco is by no means the only company with this problem.

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Post ID: @2pbu+1mmYA17X

You can't handle the truth.

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Post ID: @bxa+1mmYA17X

Tupperware doesn't receive blank check government contracts. Our sleazy ELT built those government relationships to ensue Cisco doesn't become Tupperware.

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Post ID: @mkh+1mmYA17X
Cisco is still living off of the innovation created in the 90s.

Cisco is still living off of the innovation acquired in the 90s.

FTFY.

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Post ID: @cab+1mmYA17X

CNN had an article with an interesting quote on the demise of Tupperware: “A great brand name can be a blessing or a curse. It’s a curse when you kind of rest on your laurels and milk the brand for profits and don’t continue to invest in a brand.”

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Post ID: @rzm+1mmYA17X

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