Best year in decades. Best quarter in years. Where are the layoffs?
8 replies (most recent on top)
There is no way to rebuild that trust with Chuck at the helm.
There were plenty of major layoffs under John Chambers and you only have to go back a bit on this website to see his worshipers are as devoted as ever. Your real problem is Chuck isn't as good at the "we're all family and this hurts us more than you" speech.
...reducing head count...
https://www.computerworld.com/article/3703089/cisco-says-this-week-s-layoffs-were-announced-last-november.html reports that headcount has remained relatively constant. Please provide numbers and sources to show a significant reduction in headcount.
...and operational expenses at the cost of productivity...
Numbers and sources please. Start with the fact that most of your development dollars go to bug fixing and how creating so much broken code for decades is somehow "productive." This is just one of many reasons why Cisco has to acquire because it can't develop.
...and keeping corporate knowledge in-house.
Numbers and sources please. A good idea is to look through decades in EDCS where so many documents are nothing more than a template with a author, title, and possibly the EDCS document number entered and no actual contents. Where contents exist they often serve as disinformation. Cisco is one big game of telephone played over decades across the entire globe with all the failure that implies.
As long as Cisco only measures KLOCs and check-ins per week even when those check-ins don't compile and introduce more bugs and the margins remain high Cisco will never have the incentive to try to improve their quality. People who stay and play to these rules by definition become useless over time. I've seen some great minds destroyed at that company. John did nothing to fix this. Chuck did nothing to fix this. Even if it is recognized someday by some new CEO I doubt they'll be able to make changes as the people who know no other way will fight them every step of the way.
This is why math in school is important. And critical thinking. Orders are crashing. Revenue was up, but that’s be what we’re finally shipping all the stuff that was ordered years ago. Make no mistake about it, things are bleak into the future.
@4klj+1o8PnIPd, I agree it's heartbreaking to see friends, or even just good co-workers & acquaintances let go and how it impacts them. It's even worse to be included in that group.
"...until Chuck admits he made a mistake in the last layoff and he isn't going to do it again. ..."
He-l will freeze over and pigs will fly before that happens.
"...I hope these senseless layoffs are behind us, but it won't ever be entirely behind us until Chuck starts admitting his mistakes and rebuilding the trust he has lost."
There is no way to rebuild that trust with Chuck at the helm. It will take his replacement, as well as Fran's replacement to begin rebuilding trust in our ELT. I don't know who's decision it was to stop calling employee reductions "lay offs" and switched to calling it a workforce "reduction" or WFR. But at least those were honest and were flat cuts across the board. Then came the "limited restructuring" or LR's, but the ELT's actions did not reflect the words they were saying about how their actions were going to cut in places that were of lower company priority and shift resources to places that had a higher priority. And to make it worse, the business priorities they claimed to be shifting resources to were no longer priorities the next year. High-level business priorities do not shift that much in just 12 months. Let's just go back to being honest and calling them what they are: cost-cutting measures by reducing head count and operational expenses at the cost of productivity and keeping corporate knowledge in-house.
I hope we finally learned our lesson not to lay off people in these good financial times. We really screwed the last bunch of 4000 plus! Seeing that happen to my friends was heartbreaking.
Things seem to be getting a bit better now, but I won't believe it until Chuck admits he made a mistake in the last layoff and he isn't going to do it again. He hopes we will forget by flattering us. Good leaders are honest and vulnerable, and it seems Chuck's ego is in the way. The flattery is futile! We are smarter than you give us credit for.
What we want to hear from Chuck is "I screwed up"! An "I'm sorry" goes a much longer way than "I'm so proud of you all"! Yea, right, if you were, you would have not layed off my friends. I hope these senseless layoffs are behind us, but it won't ever be entirely behind us until Chuck starts admitting his mistakes and rebuilding the trust he has lost.
No layoffs. The rumors were from disgruntled, incompetent, loser, ex-cisco wish-they-were, jealous id--ts. Best thing we can do is ignore them. This last earnings proved the little plebs on this site are just trolls who wish they were still in the warm embrace.
Thank you Chuck. You rock!
There’s some belt tightening I’m seeing… no layoffs yet, but who knows, if they need to throw the Street a bone next quarter they’ll do another “conscious uncoupling” or whatever BS name they used for last year’s.
Those bonus checks are going to be healthy, though. Like they should be.
Layoffs are happening at Juniper Networks