[Chugalug] Cisco cutting jobs
dave at brockmans.com
Thu Aug 15 21:09:17 UTC 2013
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On 8/15/2013 1:54 PM, John Aldrich wrote:
> Headline: "Cisco cutting 4,000 jobs, CEO sees slow progress"
> Cisco is cutting 5% of it's global workforce in an attempt to cut
> So those of you who are buying something OTHER than Cisco gear are
> helping to cause Cisco employees to lose their jobs. ;)
If it's primarily sales force staff like the last layoff, I don't
really think it has anything to do with competition, just margins.
You forgot to mention that profits are up and they are still cutting.
However, Cisco is one of the few places that has something like a
2-4% attrition per year, including all the acquisitions. (ie. the
slackers at the bottom never bother to leave, so forced house-cleaning
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