Thread regarding Cisco Systems Inc. layoffs

Colette Kress - short 3 year stint at Cisco

Colette Kress was at Cisco from late 2010 to September 2013. She was the
Senior vice president and chief financial officer of the Business Technology and Operations Finance organization.

This is what she got to experience during her time at Cisco:

July 2011 Eliminated 6,500 jobs, part of a major company restructuring
July 2012 Eliminated 1,300 jobs, citing global economic uncertainty
Aug 2013 Eliminated 4,000 jobs, equal to five percent of its workforce

I wonder if she got LR'd or left on her own? Probably on her own. Who would want to continue working at a company when there are constant layoffs?


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Post ID: @OP+1m787m31s

3 replies (most recent on top)

Business ops drives what can be do e from the technical side. It shouldn’t be that way but when she came in that’s when the bean counters were given too much control. Technology is not their strong point but then neither is business operations.

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Post ID: @ea+1m787m31s

Who would want to continue working at a company when there are constant layoffs?

Cisco tossed 13,000 in its first action in 2001 and has continued frequent layoffs for more than 25 years since then, so by definition the answer is "everyone who worked for Cisco from early 2001 and beyond."

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Post ID: @bp+1m787m31s

She is interim CEO at NVIDIA while they search for a new CEO.

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Post ID: @a2+1m787m31s

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