Thread regarding Cisco Systems Inc. layoffs

In case you were hoping things are about to improve

They are not.

https://www.barrons.com/articles/cisco-stock-at-risk-amid-signs-of-softer-it-spending-analyst-says-51564497995

by
| 2115 views | | 3 replies (last July 31, 2019) | Reply
Post ID: @OP+10ibo5tg

3 replies (most recent on top)

BS...we are in greatest money printing cycle. Stock will surge further and further

by
| | Reply
Post ID: @1zgx+10ibo5tg

This post and this article are both a damned lie. Cisco stock is outperforming all expectations. Pay no attention to the downgrades.

If Cisco stock was in REALLY in trouble, Cisco would have to lay off a bunch of people in order to please the gods of Wall Street.

Fear Not! All is Well !

by
| | Reply
Post ID: @1ngr+10ibo5tg

Article speaks to IT spend slowing at a macro level. While not great news for Cisco it's an industry wide concern. Business is cyclical. Nothing new here.

by
| | Reply
Post ID: @zwq+10ibo5tg

Post a reply

: