Genius Cisco Layoff Strategy (evil but genius nonetheless)
Cisco ELT has honed this strategy over multiple rounds of firings. Telegraphing the layoff with a leak, creating an excruciating wait, changing PTO policy.
These are all well timed and methodical. The "people deal" is a failure.
Cisco is a dying company. They have missed every major technology cycle since 2002.
Their only value is in legacy networking which they are dismantling with the push to "recurring revenue and software". People buy Cisco to pump packets through boxes, not for AI, Datacenter, Leadership or any other nonsense they spew.
Packets. Boxes.
THe pivot to Splunk, AI and Security is a strategic disaster and they will lose their core customers. why?
the vacuum created by the talent loss. it's simple math. $28 billion spent on non-core stuff creates a situation where in order to remain viable, they have to cannabalize every other part of the business.
Cisco is ripping apart their house to feed the AI fire. sad.
The ELT knows this and is in the process of cashing out. Every current employee who voluntarily leaves during he-l month is gravy for them. Genius.