Thread regarding Cisco Systems Inc. layoffs

Scary times are yet to come for Cisco if the current trend continues

Cisco should consider cutting its dividend temporarily, growing its technical talent, bringing innovation from within and using this cash to avoid layoffs. Laying off employees is not a solution but a temporary patch. Demotivated employees don't produce great products. If Chuck is unable steer the sinking Cisco ship, he should step aside so some else can take the helm and steer it before it goes completely down under. Cisco was a leader in networking but now even this core technology area is led by Amazon and Google. Scary times are yet to come for Cisco if the current trend continues.

An on point post, OP is @gzs+176pAzR4.

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| 2221 views | | 5 replies (last September 26, 2020) | Reply
Post ID: @OP+177CJktZ

5 replies (most recent on top)

It will continue. Packages will get smaller and smaller. Cisco is another Nortel. You have to be delusional not to understand companies don't restructure endlessly. If they do it's an obvious sign of incompetent management. Get current and get out.

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Post ID: @1zbp+177CJktZ

Investor over employee - the TRUE Cisco.

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Post ID: @rrt+177CJktZ

The amount of debt is tiny. Far lower than cash on hand. Rates are basically 0.

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Post ID: @tck+177CJktZ

Cisco also sits on billions in debt.

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Post ID: @ebq+177CJktZ

They do not need to cut the dividend. CIsco is sitting on 10s of billions of dollars. They only started the dividend in 2011 because they did not know what to do with all the cash ...

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Post ID: @aca+177CJktZ

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