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Cisco cutting jobs

From: John Aldrich 
------------------------------------------------------
http://news.yahoo.com/cisco-cutting-4-000-jobs-ceo-sees-slow-001225933.html

Headline: "Cisco cutting 4,000 jobs, CEO sees slow progress"

Cisco is cutting 5% of it's global workforce in an attempt to cut costs.

So those of you who are buying something OTHER than Cisco gear are  
helping to cause Cisco employees to lose their jobs. ;)

=============================================================== From: Dave Brockman ------------------------------------------------------ -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 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 is necessary). Regards, dtb -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.17 (MingW32) Comment: Using GnuPG with Thunderbird - http://www.enigmail.net/ iQEcBAEBAgAGBQJSDUN7AAoJEMP+wtEOVbcdE0AH/ir9RCKcGZBfY05Ei7PKgr0+ 1VhdZXJInKZ+qW4R4l1KiNH7FT2TSqFNcKPT9vyaMvtNyeQ+fZdvF370wIcmergz +tUUDLn+GdI7ppzwSPNbWDrft1Bcif0A2RQacn6bZHj8PUAGPCbyvwSWZfE4zxUF CM0aeQ32YNNaYB7xOuQOHxtriyCTBCE0/xoR4yDrmuwY+33LzSPhrPjddrj9dwaP dvzPYTzbJxW2KmXwTEMVpkHqUnOUSe/1NpSRuoHtSXsQcEfHHnMGiQr9Y0z6eu1d yEhKaoNP/lmKw7J2iolFoX0Fggl89dbCxSiclT1yhE6h6SkOpiUK1R7+tiFdZJA= =yKsw -----END PGP SIGNATURE-----

=============================================================== From: Jon Stanford ------------------------------------------------------ And if everyone bought Cisco products then every company that competed with Cisco would have to layoff employees or close shop all together. Then you have a profit minded company with a monopoly... That's not good for anyone. Disclaimer: I'm not for Cisco cutting jobs but I don't think a blanket its everyone who buys competitions products is to blame sounds more like greed and share holder pleasing to me. Dave Brockman wrote:

=============================================================== From: John Aldrich ------------------------------------------------------ Yeah. I was mainly trying to put a joke in while posting a news article. Obviously it didn't come across how I intended it... Oh, well. :D