As per HR stats , data center BU lost around 7% attrition- around 300 people left Cisco .. not sure if this trend continues
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Cisco will never be a Cloud or Software company. What it is, is a Wolf in Sheep's clothing. A bunch of MBA's riding on the back of some really smart nerds who are told to do whatever it takes to make money, instead of a good product.
There is a reason why Cisco had to spin-out and spin-in the team who made the n9k. Innovation doesn't happen in Cisco, it's a money printing machine who happens to make Network widgets.
I think Fran mentioned 9% being the industry average and we were ok compared to that. People in leadership tried to tell her that they were experiencing a rush to the exits, but she said “nope all good” because she was watching her spreadsheet and not feeling the weather.
At the next leader checkin, Fran was saying “Houston, we REALLY have a problem”.
Make a customer buy 3 physical servers to run 1 software application
Don't know much about resiliency and clustering do ya? When you deploy a TGW on AWS and they tell you it's highly available by design, how do you think that happens? I love it how some folks think everything cloud is just magic.
The real attrition is any customer using the poor network management tools (software). It is rare to find a customer with ACI, Nexus Dashboard, or SDA/DNAC in production. I bet 90%+ of those DC Nexus sales are still using CLI. Make a customer buy 3 physical servers to run 1 software application - talk about bass ackwards. Cisco is the opposite of cloud.
The 7% figure was quoted at one of the Leader Check-ins and referred to the company as a whole. Allegedly that is against a backdrop of 12-15% attrition across the sector. So the leadership think it’s all good. Maybe it is, but I am really concerned by the quality of those that are leaving and where they are going.
As per HR stats , data center BU lost around 7% attrition-
I don't have access to these stats. Do you share Cisco Highly Confidential Data? Anyway.
There is always attrition ... even top companies like Google experience it.
The question is, is 7% exceptionally high? The first google hit for health attrition rate is
While it’s difficult to define a “good” attrition rate, businesses should generally aim for an attrition rate of 10% or lower.
So, there is nothing wrong with the Data Center attrition rate.
Fake news.
Cloud Networking sales grew 18% in FY22.
Time for a merger.
With what?
Attrition is higher than 7% across the board. Seems many other big IT firms are on the same boat.
The cloud strategy, if you can call it that, is a mess. Playing catch-up in a space that redefines the landscape every 18 months isn't easy. Time for a merger.
Layoffs are coming to shrink further- may be 30%