Balancing books with head count reductions is bad for business Cisco! The ramifications from these business-as-usual layoffs impact real people, with real lives and real families and Cisco thinks it's OK because that's just the nature of running a business? Would highly skilled workers want to work for a company that has layoffs regularly? You think you're going to get the utmost best performance out of someone who's worried about their job next November? Think about the lives that are turned upside down, the kids that worry about their futures because mom or dad is no longer working, the family that loses their house because they can't pay the mortgage, the employee who just found out he/she has cancer and will not be able to pay for health coverage because of this! It's business as usual? If that's how Cisco wants to justify its actions then I take it as a blessing to no longer have to work there. It's a people business if you don't already know it Cisco. Treat employees right and customers will follow naturally.
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The way they go about there business is just flat out wrong.I know this is corporate America these days,but Cisco takes it to another level.Every year everyone is worried about there job , regardless of there position.So you can imagine the stress through out the year.Doesnt matter if your a high performer.So then you have a lot of backstabbers trying to cozy up to the decision makers to protect there jobs.Its just a bad culture that has been going on awhile.Morale is at an all time low.And the leadership could care less.There guaranteed there huge bonuses and the hell with the people who actually do the work
They are reducing headcount on the books, but they are replacing everyone with unskilled partners over seas. Then it's just hidden in the books as more of an expense and not as straight up overhead cost.