Comments on: Cisco Cuts 700 in "Ongoing Restructuring"

By: ex-cisco

ex-cisco — Mon, 03 Aug 2009 23:38:15 +0000

You didn’t hear it from me, but inside, Cisco aims for a more feature-rich product. This has actually hurt sales, so they ship the same hardware with a limited version of IOS. Apparently some customers realize they really do want high-end features, but I have a feeling that a lot are happy with twice the throughput and half the features.

By: Hearing the Voice from Cisco's Chambers | Essays

Hearing the Voice from Cisco's Chambers | Essays — Sun, 26 Jul 2009 14:32:05 +0000

[...] Cisco Cuts 700 in “Ongoing Restructuring” (gigaom.com) [...]

By: hillary2

hillary2 — Sun, 19 Jul 2009 05:52:00 +0000

This was another brutal layoff at Cisco that has only created more animosity towards management and the offshoring philosophy. The horrible part of the layoff was that it was hovering over employees for weeks,with unscrupulous managers telling staffers and leaking info for a couple of months. Management was also able to “position” many over 45 year old employees so that they got the boot. The company is targeting all the older employees and if they don’t leave through attrition, then they are put on fake performance plans or told that their job is going away due to changes in structure,when in fact, they bring in younger ones or push the job to India. The entire thing is cruel and really sickening. This company was really a great place to work 10 years ago, but now it has become a very sorry and shameful place run by losers in upper management who have run other companies into the ground, and a born again John Chambers who now believes in canning anybody over 50 as soon as possible to make room for the ignorant and inexperienced . Someone should go after this company for the entire program of firing aging employees. Somebody must do it. It is just terrible to see this and to let this company do this. It’s wrong.

By: majortom1981

majortom1981 — Fri, 17 Jul 2009 12:46:30 +0000

Hmm Maybe people are starting to realise you can get products that have the same performance or more with half the cost.

By: df

df — Fri, 17 Jul 2009 04:00:01 +0000

Typical lame corporate games. The bit about layed off people staying for 2 more months doesn’t say much about the competency of Cisco’s management.

“Layed off folks will stay on for 2 more months in order to sabotage ongoing work for their soon to be ex-employer and get paid to look for their next job…”

By: John

John — Thu, 16 Jul 2009 23:45:27 +0000

1300 went today worldwide; 700 of them in san jose. That makes 2000 worldwide since February, plus contractors.

By: Jordan Golson

Jordan Golson — Thu, 16 Jul 2009 23:36:08 +0000

Still, I’d rather make money than lose money.

By: Alex

Alex — Thu, 16 Jul 2009 23:34:11 +0000

@Gadget

Not sure they are in financial trouble. Cisco has $28 Billion in the bank.

By: Gadget Sleuth

Gadget Sleuth — Thu, 16 Jul 2009 22:23:37 +0000

Yep, Cisco is in a little financial trouble, it appears…they’re just piece-mealing the cuts so it doesn’t look so bad.

By: Derek

Derek — Thu, 16 Jul 2009 22:06:26 +0000

Many contractors were also let go this week that don’t appear on the general layoff list.