Is there even a slight chance these are true?
20 replies (most recent on top)
Of course it's true if you believe the lies.
@vq Could you then explain why the renewal rates are going down? Please compare the renewal rates before and after CS, and share your conclusions.
Hope it’s true
Ofcourse there will be layoffs, announced or not. The execs need to make sure they can afford to keep their mansions clean.
@ba agree! The problem with Cisco is they don’t even know the problem. They keep cutting budget for teams to travel and yet they are making lots of money as a giant company! They claim they care about the customer but if that was the case, why are you cheating the client relationships with no more in person meetings when that’s how we maintain and stabilize customer relationships! Absolutely mind blowing!
@eg Well then you need to be ousted out of the company as you clearly should know how CS contributes if you are even important at all. You sound like a half a-s jigsaw 🧩 puzzle missing parts.
Without CS there would be no proper management of clients which equate renewals! That’s like taking the liver out of the human body without CS!
Do we know the Ai spend? Because that will decide
Listen closely to the upcoming earnings call next month. There may be some subtle clues.
Then definitely layoffs are coming
@eg removing CS and PS would be a VERY bad idea lmao
@d2 the middle 5 are the only ones that are able to have the time to cook up stories about why they should have more money. The rest are too busy rushing around or already have set money coming in (elt and cronies)
@bq Large accounts typically engage PS, either directly through Cisco or through partners. As a result, the role of CS is often unclear and can create confusion, overlap, and unnecessary noise.
Smaller customers, meanwhile, generally do not generate sufficient margin to justify either shared or dedicated CS coverage.
More broadly, the company has not clearly demonstrated how CS contributes to Cisco’s top- or bottom-line results. Older presentations—some comparing customers with and without CS engagement—have been circulated to support the function’s value, citing metrics such as revenue growth and churn. However, the analysis has not established a clear, credible, and broadly accepted business case for CS.
Based on this, one could reasonably argue that eliminating the CS function would have little to no negative impact on Cisco’s business performance. In fact, removing the associated costs could potentially improve operating margins by a couple of percentage points.
Only way to fix Cisco is to eliminate middle five layers of management that does nothing but eats at profitability and revenue. Every one must be a revenue generator, else get the F2CK OUT the DOOR.
@ba folks have been saying this for two to three quarters straight and nothing has transpired like you or anyone else has said about CS. CS is doing pretty well from my understanding so I doubt anything will happen to CS this next round.
@OP
you starting new rumors? you know that death taxes and Cisco LR are certain.. right!!
@OP rumour of no more layoff? Damn, first time I heard of a rumour of no layoff 😄
We will know in 3 weeks.
There does not appear to be a company-wide mass layoff, but certain business areas may see targeted cost-cutting. For example, the Splunk/AppD business is struggling, and the PS and CS teams have very little work. As a result, those teams may be more likely to be affected. The same may be true for certain pockets of the Security business.
i don't think there would be any mass layoffs in this year. There would be some low performers and redundant roles would be eliminated at the mgr/director level.
yeah yeah - I have it from a reliable confirmed source, that they are going to layoff 180% of the company next month...
of course - just as i am certain some di-kwad will get on here and say absolutely NOT! there is a HUGE layoff coming....