Thread regarding Cisco Systems Inc. layoffs

Is CISCO really having bright spots?

So, according to Nasdaq, beside all our troubles, we have some bright spots like security revenue, rising deferred revenues, revenue from our Webex video collaboration platform, mix of software and subscriptions that maintain competitive advantages over our competitors, stable gross margins, etc.

https://www.nasdaq.com/articles/6-bright-spots-in-ciscos-disappointing-q4-report-2020-08-16

Not sure about how much of this is truth and how much of this is just a really good PR. In any case, it remains to be seen if that is enough to generate sustainable revenue growth soon.

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| 1491 views | | 2 replies (last August 19, 2020) | Reply
Post ID: @OP+16ufKIPR

2 replies (most recent on top)

No. We are F'ed. Our CFO is leaving amidst a massive MASSIVE workforce reduction, and a mandate to removed 2B in opex by the end of the year.

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Post ID: @2ysh+16ufKIPR

Doubt it.

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Post ID: @zdb+16ufKIPR

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