Kodak and Blockbuster two respectable American companies leaders in their respective markets no longer in business. Companies not willing to listen to their customers and failing to innovate and continuing to ignore basic business principles will too end up where they belong. When the going gets tough it usually stirs up "deep rooted fears" that will not end well for anyone. Blaming other people for your problems is just a sign of weakness. Double down, work hard you can do it, expect more from you!
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Let them displace people in other countries. Agree Eject that corp to the country it invests in the most. There are many reasons why it is not suitable for America.
It causes more problems for the masses than doing good for its DNA, which is unsuitable for them. Better companies are in America to build and lead networks and technology.
Boot the entire Cisco to India.
You might as well already.
We can see how it works out for the ELT.
Most Americans are not just stupid and lazy, but they take pride in it. You can't claim you're a capitalist then complain when companies charge what the market will bear which leads to serious inflation under the right circumstances. You can't perpetually vote for raising government benefits while reducing taxes. You can't say you want infinite returns from companies while still receiving pay that correlates to your increased productivity. You can't say you want infinite returns from companies while complaining when you get laid off. Not just the left but the right never heard of the private sector which holds the bulk of debt. You can't claim you want to compete with modern economies not only by gutting college education but lopping off a year or two from the end of secondary education.
Positive feedback is pushing everything towards an unknown ultimate limit at which point the system completely fails. Cisco hiring a few more 50 year old white guys who still can't quite get a linked list implementation to work right won't fix our larger problems.
US used to be top in engineering and IT talent, now it’s top at DEI/ESG and being lawyers.
https://m.economictimes.com/tech/technology/cisco-plans-to-tech-a-ride-on-indias-digitisation-wagon/articleshow/107891027.cms
Notion of cream capable labors are only in Americas is wrong. Intellectual talent can be from any part of the world. Just the acceptance and unbiasedly agreeing to -"rightness" is needed.
There is no shortage of excellent American engineering talent.
There has been at Cisco for at least 30 years. Run any decent set of quality metrics against any of its major code bases at any time over the past three decades and you'll have absolute proof.
Excellent engineering at scale isn't simply good engineers. You need strong, capable technical and managerial leadership with a clear focus and there is a major shortage of these at almost every company. Cisco in particular told everyone they were the top 10% and tens of thousands of incompetent people did their own stupid in isolation because they felt they knew all that could be known and when nothing fit together it was always someone else's fault. Newsflash: if people didn't work together to figure out how a set of pieces should fit (even if it involved prototyping) before writing production code everyone involved is at fault.
Yes, tell that to the American shareholders and American Wall Streeters
Before the Russian invasion, Ukraine was home to nearly 300,000 tech workers, with many employed by American companies.
As long as capital is more mobile than labor, humanity will be in an economic race to the bottom
@bpb+1rd9rAoT
Get out from under your rock. The year is 2003. You clearly no nothing about tech. Go visit a library and use the card catalog for guidance.
There is no shortage of excellent American engineering talent. This is the Big lie.
However, there is a shortage of woke, cheap, excellent American engineers. There’s the rub.
Time for Americans to adapt to the new world. Learn new skills and innovative. Stop complaining while our a$$ gets kicked.
The decline in STEM for our country laid out today's roadmap. Accept it.
Globalization, ironically enabled via the technology that companies like Cisco makes billions, is a root cause of why this website even exists. Globalization benefits the wealthiest via cheap, often sub-standard, labor, while absolutely punishing capable Americans. It is the hidden wealth transfer that we were conned into accepting for the past 30+ years...