Board met two weeks back and they decided to increase per employee revenue from $600k to $750, this will turn atleast 10k WFR in next 12 months.
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This is like, ‘I told you so’ kind. While browsing through potential employers, I started looking at their revenues and no. Of employees to assess the employee productivity, possible salary growth and job security. Cisco stands dangerously poor in that metrics; a telling story why the salaries are bad and stock isn’t doing well either. This led me to think Cisco could go well down to 60K-70K employee strength.
Bugs are always in the software. Always!!!
Someone who thinks quality is either NO or NO. How Cisco.
Competent companies spend most of their development dollars on development and therefore a small fraction on bug fixing. Cisco spends most of its development dollars on bug fixing and therefore only a small fraction on development. By any metric the quality of Cisco's routing and switching operating systems (which should be singular) have been extremely poor for decades and that is something that did not have to be.
You might not even know about those until discovered or reported by customers.
Cisco has been shipping images for decades where whole subsystems don't come up showing Cisco doesn't even perform the most basic sanity tests. Look up what Cisco has spent just on customer found defects - it's staggering. Cisco would be far worse off if they had to cover the costs customers incur testing images, sometimes for YEARS before fielding, only to have them fail out when deployed, something that's been happening for at least the 30 years I've been a customer.
If the code quality remains poor
What does it mean?
Bugs are always in the software. Always!!! You might not even know about those until discovered or reported by customers.
Cisco lays off more than half of that and eventually hires and acquires bodies to get back to where they were so a number of 10,000 just for the heck of it wouldn't be out of line.
If the code quality remains poor and the pricing remains high they'll continue to both lose business to their competitors and maintain sub-inflation revenue growth and that revenue per employee will still effectively drift down. Clearly no one cares about managing the actual business.
What is this post ??