Cisco has provided marginally higher guidance for next qtr and we all know how soft we are landing the economy. There will be more layoff next year again targeting employees at high cost locations. Because Cisco cannot function with lesser headcount.
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Cisco made a ton of money Q4 and in FY24 on the back of hard work from employees. It’s still not enough. As someone said the other day, unbridled 20th century capitalism is the great satan.
Guidance will be cut again because SH is useless.
Where did you get that "100% confirmed" from?
100% confirmed that more layoffs in February 2025 and likely a repeat of this month again in August / Sep 2025. Acceleration to offshore and community support forum tech support is going into high gear and the dismantling of the once great CSCO gets serious.
The cow is just not capable of being milked any longer...
Jump off the sinking ship.
The numbers are not that hard to guess, minimum 5K next February and 4K in August.