Thread regarding Cisco Systems Inc. layoffs

Revenue outlook down

Cisco's recently published three to five year growth targets failed to impress on all levels. Revenue is expected to drop around 5 percent on annual basis by the end of fiscal 2017, mostly due to competition kicking our behind lately. With revenue outlook down, the company's stock is taking a hit. All in all, things could (and should) be much better.

https://finance.yahoo.com/news/cisco-apos-long-term-view-134201624.html

by
| 2025 views | | 4 replies (last ) | Reply
Post ID: @OP+O7ZsvCM

4 replies (most recent on top)

As an IT employee, I can validate that we do not look into log or usage data. There are so many IT Organizations that would be eliminated if we actually examined the business value of our strategic initiatives. The amount of money we waste, while laying off thousands is a bit insensitive.

by
| | Reply
Post ID: @1qys+O7ZsvCM

Revenue guidance is down means the bottom line needs to be cut. This will translate to more LR or layoffs. ... With the internal operations in turmoil, revenue will go down even more and form a vicious cycle. A lot of Cisco employees and veterans in this forum had predicted this day to come before.

I can't imagine how things get done any more. I was a contractor on one team, and was a customer point of contact for a group of servers. When my contract wasn't renewed due to budget cuts that went along with a workforce reduction in '11, I got a position with a different team a year later. A year after that, those servers needed to be refreshed again, and IT was contacting me as the customer POC asking if the servers were still in use!

1) How would I know? I was in a totally different BU now.

2) Why the heck was I still listed as the customer POC? Didn't someone update it after I was terminated? Just goes to show how poorly my old BU was managed I guess.

3) Why didn't IT just look to see how many people logged in and how often to see if the servers were in use? They do have logs you know. I certainly hadn't logged into them in over 24 months. Oh, wait, managers don't do real work, so of course they wouldn't expect me to have logged in on these systems. :-)

Sorry for the rant. It just ticked me off that I had to waste my time getting IT into contact with the proper people in my old BU to determine if those hosts should be replaced or decommissioned. I did my job and was let go. Someone who was kept around couldn't be bothered to do their job. Now I won't be around the next time those servers are due for refresh in about 6 months. Let the confusion, wasted time, and inefficiencies continue to only get worse.

Thankfully, I can honestly say "It's not my problem."

by
| | Reply
Post ID: @1bfd+O7ZsvCM

Not quite sure of the point of this post is?

by
| | Reply
Post ID: @gdr+O7ZsvCM

https://seekingalpha.com/article/4084825-cisco-stuck-mud

by
| | Reply
Post ID: @pnx+O7ZsvCM

Post a reply

: