Cisco has about 80000 employees. Many own Cisco stock through grants, RSUs, ESPP, 401k holdings, index funds, or private purchases.
Are their interest as shareholders (and employees) being served by management?
If all the employee stocks were assigned to a union proxy ( I can't think of a better term), I wonder if workers could get represented on the board?
I can't imagine holding CSCO stock. It's like holding stock in Kodak after introduction of digital photography. Turn RSUs into cash as soon as they vest.
A few less shares left at the top:
http://archive.fast-edgar.com/20240216/AO23S22CZ222B2Z22228224ZUP4AZJB2L262/
You people should look up the guy in the early 2000s who bought and held his options then retired and took a year long trip around the world. When he got back the stock was underwater and he owed unfathomable taxes on the initial gains and had nothing to pay with so he sued Cisco for not teaching how to diversify. On a five year chart Cisco just dropped below where it was five years ago so makes sure you understand the risk of buying and holding.
You could avoid being fired by starting your own company at which point you'll learn if you aren't competitive there is no union to force anyone to buy your goods and services.
Another option is to find a small low competence company in a noncompetitive niche with steady work and take a pay cut to go there. Apparently stability and leaving at 5 appeals to many people.
What won't work is staying at Cisco doing exactly the same thing while expecting a different outcome.
I would assume that most employees cash out of their RSUs in this dumpster fire as soon as they vest.
Or maybe it gets done at a fund level similar to the way ESG became a thing. So if I invest my 401k in a retirement fund with Employee Empowerment Governance (or whatever marketing term) it would make that an issue on all companies it invest in. Employees are often more invested in the long-term health of a company than activist investors who chop and cut for short term profits then exit.
You overestimate how many shares employees own.
I read here on this fine website over and over that Cisco is manipulating its stock by giving out RSUs. Now, all in the sudden that is not true/possible?
Right, but many of the shares held by institutions are held on behalf of investors in those funds.
Money you put in a blackrock index fund goes in some part to Cisco and shows blackrock as the institutional investor.
3,975 Number of Institutions Holding Shares
You overestimate how many shares employees own.
sounds like you want a labor union to justify the constant layoffs, executive compensation, and stock buybacks