Instead of getting rid of a bloat, they always end up adding some more.
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Because making the same mistakes in perpetuity, as a rule, are wildly successful.
It's always easy to grow a company when endless money is flowing. It's when things turn down drastically you see if there is any talent. After the downfall from $82 in 2000 the company under Chambers had to work to get the stock around $25 by 2015. Chuck came in and the stock moved up to a ceiling flapping around $50 for the past many years. Cisco is shrinking instead of growing so it definitely needs significant positive change.
U’ve hit the spot!