Always about 'restructuring'. Never about cost cuts. Exactly how many times does a company need to do restructuring ? There are hardly any openings now, so its definitely not cutting some BUs but ramping others. Call it what it is.
JC got lucky with Y2K, but he is hugely to blame with missing cloud. He was another salesman no clue how to run a tech company. CR is another example of salesman promoted to CEO, no idea. Even with AI he is late to the game. Splunk is no magic pill. What guarantee come Feb there won't be another 'restructuring'.
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28 billion dollars for a cr-ppy logging company. And now cisconians pay the price.
Eventually, Cisco will only have around 30k employees worldwide within 3 to 5 years.
Post-capitalist beancounters without soul or vision, attaching themselves like parasite to a healthily prospering host, growing like cancer cells, they are weeds.
"Clueless Chuck's Mismanagement Layoffs"