Thread regarding Cisco Systems Inc. layoffs

Maria leaving Cisco finally!!!

Hi Team,

 

Today I’m sharing the news that our EVP and Chief Operating Officer, Maria Martinez, will be leaving Cisco. Those of you who know Maria, know how she pours her heart and soul into her work with passion and enthusiasm. Over the past six years, she has been relentlessly focused on Cisco’s success and building high-value experiences for our customers, our partners, and our people. As Cisco moves into a new chapter with the Splunk acquisition, we’ve discussed that now is also time for her to move into her next chapter, where she can spend more time with her family and pursue other interests.

 

When Maria joined Cisco nearly six years ago, I asked her to build a new Customer Experience motion for us to help our customers take full advantage of Cisco's software, services, and subscription offerings. Since then, and in her expanded role of COO, Maria has been instrumental in accelerating our business transformation strategy of driving more software, subscriptions, and Annual Recurring Revenue (ARR). In fact, in Q2, we reached our target of 50% of our revenue from subscriptions one year early.

 

Maria has no doubt achieved many of the objectives she set out to achieve when she joined Cisco. In addition to successfully transforming the company, she helped us build a world-class Customer Experience (CX) function from the ground up. As the leader of ONEx, she drove some of the most important cross-functional company initiatives – from revamping several internal tools and processes to driving rigorous prioritization efforts, and most recently, leading our Splunk integration efforts as we plan for the closing of the acquisition. As COO, she oversaw some of the most complex industry and global issues including the supply chain crisis, security vulnerabilities, international conflict, and a pandemic. Maria has also been an unwavering champion for Diversity, Equity and Inclusion (DEI) initiatives, having served as our Executive Sponsor for The Multiplier Effect, focused on sponsorship of diverse talent to advocate for career advancement as well as for Conexion, our inclusive community for LatinX.

 

Maria cares deeply about the success of Cisco, and we can always count on her to be one of our greatest advocates. Her leadership has helped us achieve the strong foundation we have today. She has been an incredible partner and friend to me personally, and I am forever grateful for her counsel and the many laughs we’ve had along the way.

 

While we face some near-term challenges as discussed during our recent earnings, including our company restructuring, we will navigate through these and emerge stronger. We have not only a strong foundation, but also the right strategy to capture the longer-term opportunities ahead in AI and across the portfolio.

 

As with anything she does, Maria is passionate about ensuring this is a smooth transition for Cisco and her team. We will share more about the broader organizational changes in the coming weeks. In the meantime, let’s all stay focused on executing on a strong second half as we build towards a future of growth.

 

Please join me in congratulating Maria on the incredible success she’s had during her time here. To Maria, thank you for all that you have done for Cisco – we are better for your time with us!

 

Chuck

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| 8262 views | | 21 replies (last February 24, 2024) | Reply
Post ID: @OP+1raVHHpS

21 replies (most recent on top)

Good riddance! My company was acquired by Cisco and after seeing through the bs in the first month I left without hesitation. The ELT, especially Chuck were some of the fakest and unintelligent people I ever came across. It's clear from others commenting here as well that many believe much of the ELT needs to go along with Chuck and get someone competent in to actually revive Cisco to what it was. It is a laughing stock now and run by a slew of id--ts. I hope the board takes notice and actually takes action but that probably won't happen either. Maybe a mutiny will do the trick if it can sweep the legs of all of the lemmings and make an impact.

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Post ID: @4vac+1raVHHpS

I'm pretty sure she was fired for some type of breach of her contract. At that level, they don't just abruptly quit without a successor lined up so not to disrupt the business and possibly calls for negative publicity. It may have to do with people that she aligned with once she became COO and all of a sudden, Cisco started to become a laughing stock with underperforming, and underwhelming departments while customers were taking business elsewhere.

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Post ID: @3tlk+1raVHHpS

She was fired.

Per FORM 10-Q
Cisco informed Maria Martinez, Cisco’s Executive Vice President and Chief Operating Officer (“COO”), that the COO position currently held by Ms. Martinez has been eliminated.

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Post ID: @3rku+1raVHHpS

She should have been fired a long time ago. She is one of the worst I have seen at Cisco ! Led with fear and has delivered nothing in the past 6 years! Anyone with half a brain who challenged her craziness would get fired. Hope they get rid of all her minions too whom she brought from Salesforce and all the rejects from Google!

Cisco used to be a great company !! The toxicity is spread across the company now. There are others like her sitting at the ELT who need to go along with her. Glad I left when I did. Hate to see this great company being run into the ground :-(

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Post ID: @2rqi+1raVHHpS

Don’t forget about the figure 8 race track that she brought with her to develop the CX story. I Was employee number 24xx2 and was a Sales RM when she was brought in. She spewed BS and we were all trained in how to sell the figure 8 to our customers. 😵‍💫😵‍💫😵‍💫

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Post ID: @1pgy+1raVHHpS

Working with and around MM was an eye opener. I left last year after 4 years. here are a few of my observations.

  1. Her lack of trust in the people that reported to her resulted in complete disempowerment of her entire organization. All important decision making was centralized to her rather than her highly compensated leaders.
  2. If “Because Maria wants it this way…” is a consistent answer to the legitimate question of “WTF were we thinking when we decided to do this!?!?!” … You might be f’d up and headed for disaster.
  3. The majority of significant organizational improvement initiatives have failed and those failures were obfuscated with re-orgs and layoffs.
  4. When key, successful leaders leave the ELT and blame their departure on an inability to work with MM, and nothing is done about it… You might be f’d up and headed for disaster.
  5. MM’s leadership style causes people to hide the organizations’ inability to deliver on commitments. Her team hides the truth until it is too late to adjust. The initiative then gets added to the long list of failures.

Lastly…

  1. Her actions during her tenure with Cisco have truly changed the tone and timbre of the company in a negative way. It will be many years before Cisco can recover from the impact of her disempowering, fear-based, leadership style.
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Post ID: @1prv+1raVHHpS

The whole "CX" idea makes me roll my eyes. Don't keep changing the brands, and don't develop so many overlapping products. Focus focus focus. Small, mid-tier, large, and SP. That's it. Stop rebranding products, just make them better. It's not about the name stupid, it's what's under the hood. Lost so much market share esp for security products. It's not how much but rather the quality. Stop hiring 100 dead weights, hire honest and hardworking people. Too many hind sniffers that's not focused on the customers but rather what they need.

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Post ID: @1nhx+1raVHHpS

Honestly, good riddance.
Bye bye Maria.

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Post ID: @1wrw+1raVHHpS

Quite the obit.....

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Post ID: @1taj+1raVHHpS

Too many layers of management period. Everyone trying not to be accountable. So they keep hiring managers underneath them.

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Post ID: @1ndp+1raVHHpS

I was at Cisco for 21 years. From the most exciting, thrilling, rewarding place I had ever been/seen, to a shell of a company that is run by a sales person and that cares not one wit about it's employees. Sure, you can say that most large companies are like that now, but Cisco really was different in the pre-chuck days. Now it's stupid things like v2mom and laying off thousands after having the best year ever.

Glad I left of my own accord with a wonderful package.
Sad for all the wonderful people that got nothing - this layoff has nothing to do with merit - those just LR'ed should be proud that they managed to make it all work during a terrible time to be a Cisco employee.
Would I ever come back to Cisco? Probably not, and definitely not as long as it's run by a sales team with little acumen and reliant on v2mom's.

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Post ID: @pkh+1raVHHpS

Context: middle aged now, started at 24, grew up at cisco, lived there for 22 years. I loved the JC years, there have been a lot of leadership I still admire and became part of. These days CR has f'd it all up. Customer eXperience? nowhere to be found. lets put a team in place to help that out. But we don't fund them. SiliconOne? How is this better then the others, there is literally no strategy that you can be excited about.
I left 2 years ago, I still do care, it's sad to me that the place where I grew up gotten to such a rotten place as if your parents you once loved became addicts.
The great people are let go, the ones who have the favorite color of their leader can stay no matter of their competency.
I hope they'll do better, Martina's exiting is the first next (not best, because there is a lot more to be done) step. Next thing is to build what people ultimately love from Cisco.
And if that desire is there, I'll be back.
But some more "leadership" has GOT TO GO!

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Post ID: @gdp+1raVHHpS

Copy paste V2MOM is a result of poor leadership. Cisco has got too many management and very low leadership reason people don't know how to better use of what is the benefit of defining a strateging and cascading. But is not d-mb to think that more stock awards helps people feel accountable to contribute to the overall objectives and how their action result on the big picture. Many people at Cisco they simply won't care, they'll do the job they are asked, they get paid and if in the end they don't care if they contribute or not. Cisco always was great to nurture a cultural belief of put some skin in the game, everyday, being proud of be at Cisco -poor leadership results at some rotten apples and some copy paste d-mb things to do. Well, that's what some people can just do -copy paste. Thats why AI/ML going to continue doing the natural that everyone sees it. Sorry folks, you're no longer needed if you won't use your brains a show you actual do something more than copy paste!

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Post ID: @xct+1raVHHpS

not sure at the exec level whats going on, i do know that v2mom is stupid. our mgr simply has us copy / paste from their mgr. its d-mb, no one follows it

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Post ID: @wgq+1raVHHpS

Understanding Cisco complexicity has all to due with 20y directors and vp packed making just noise and doung nothing at all. Those are most packed at the engineering tower the heart and soul of cisco. 1y ago they moved the strategic office to better governance, without addressing the org issuez at the highest levels. CX wasnt the biggest issue but whom saw those people debating standarization, digital transformation, CX wasnt ever win anything aside what was already happening. The V2MOM was a solid framework but with an excess horizontal and vertical management ratio to individual contributors the strategy wasnt aligned 10 levels lower. Cisco needs to became leaner from the top. Maria made mistakes with CX forgot 10% of her org that had a complete blackout due to the reorg. Dont blame frameworks blame who didnt execute them right.

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Post ID: @nal+1raVHHpS

MM should have never been hired. Whoever hired MM should be held accountable.

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Post ID: @udz+1raVHHpS

Only in Fran's DEI kingdom would the term "LatinX" still be de rigeur despite the vast majority of Hispanics preferring the term "Hispanic.".

This leadership team simply doesn't listen to anyone.

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Post ID: @cca+1raVHHpS

Looking back on my decision to leave the Customer Experience (CX) team over three years ago, recent events have only solidified my belief: the CX initiative, especially under the V2MOM framework, was a far cry from success. The abrupt departure of Maria, a key leader, feels like the final nail in the coffin for a strategy that, in my view, was flawed from the start. This only validates my long-held opinion that the CX effort, despite its lofty goals, turned out to be more of an organizational misstep rather than the groundbreaking change it was touted to be.

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Post ID: @vid+1raVHHpS

https://blogs.cisco.com/gov/national-security-telecommunications-advisory-committee

In your face :)

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Post ID: @mtc+1raVHHpS

It's funny that we call out her giant CF where she burned down the world with her stupid V2MOM cr-p success. Even with a huge finance team she couldn't balance her budget.
But I suppose that if Chuck admits that his selections for so many of these positions that he has fired while CEO that he would likely need to fire himself. Oh well. Soon enough Cisco will be broken up for parts and sold off. Great work Chuck!

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Post ID: @lwx+1raVHHpS

You are all getting fired, we a bringing in the B team to fix all these excessive redundant redundancies.

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Post ID: @gzn+1raVHHpS

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