Thread regarding Cisco Systems Inc. layoffs

Over the past 10 years, Cisco Systems, Inc. had an annualized return of 12.21%, outperforming the S&P 500 benchmark which had an annualized return of 10.54%.
Please direct me to the CD with a higher return.

Fire Chuck now and hire a technical CEO

Cisco's biggest problems aren't technical, they're cultural and have been wrong for decades.

Cisco needs people with skills from top to bottom which they don't have. They also need the ability to learn about, understand and debate major decisions instead of letting everyone go with whatever they pulled out of their backside which is why Cisco spends years doing months worth of work and customers spend years more testing FCS images before having them fail when finally first fielded.

These would be problems at any company, not just a technical one, and like roaches the percentage of staff you'd have to eliminate to eradicate the current culture would be huge.

You know, Cisco does do more than just routAers...

Fire Chuck now and hire a technical CEO

This is why I liquidate all RSUs as soon as I can. It’s a horrible investment. Like I could earn more just putting the same money into a certificate of deposit at a bank. 😆

Unless there is a major drop in the market, CSCO won't get close to 20/share. Major investors, including Vanguard, Blackrock, State Street, etc….not happening.

If the board fires Chuck the stock will shoot up

1. Cisco has been this way for more than three decades which is longer than some of you have been alive
2. Cisco has an operating margin over 30%
3. Cisco has a P/E under 16
4. If you think layoffs are the reason employees aren't performing well you're probably part of the actual problems

Arista (ANET) has an operating margin just under 40%, a P/E of over 44, and less than 10% of Cisco's revenue. Palo Alto Networks (PAN) has an operating margin under 11.5%, P/E over 192 and has a bit over 12% of Cisco's revenue.

The nature of all this is if Cisco grows by the same dollar amount of revenue in ANET's or PAN's overall market ANET or PAN will see a 10% revenue increase and Cisco will see a 1% increase. For Cisco to see 10% growth it has to do so across all its markets.

Cisco has serious problems including continually dysfunctional leadership and the resulting 40 years of technical debt, but the numbers are no where near the point where the price should be below $20. The big question is will leadership wake up and attempt to make the dramatic changes it needs to make before Cisco really does go below $20?

Yep. Filled with DEI promotions. The bolts are coming off the doors. TAC isn't what it used to be as far as service and support.