CVG BU have apparently been culled in the last few days because it supposedly wasn't making any money. That's the Cisco Cloud and Virtualization business unit for those of us that struggle with all the stupid acronyms. CCTG has also had significant cuts, including the high profile dunking of Phil Harris, the VP of Engineering for that business unit. That's the Cisco Cloud Collaboration Technical Group. Hopefully the clues are in the names as I don't completely understand the responsibilities of each, but what I do know is that Chuck Robbins has repeatedly called out 'cloud' and indeed 'collaboration' as strategic priorities for the future of cisco. Yet, here we are with hundreds of very talented Software guys being booted out the door so that the Cisco spreadsheets and balance sheets are more digestible to shareholders and we raise the capital to give Patel and Singh their muli-million dollar golden parachutes.
Did Chuck not say that Software would be the new focus for the organisation going forward at the expense of traditional hardware routing and switching? Did he not call out his top 5 areas of investment of which cloud and collaboration were part of? Why then are we nuking software guys in the priority strategic areas instead of redeploying them to projects with a chance of making dollars? Has priority changed? Is Chuck a hypocrite? Or does his left hand not know what his right hand is doing?
Now you will have to excuse me while I dust off my resume. One way or the other I'm gonna need it soon.