Thread regarding Cisco Systems Inc. layoffs

Earnings call

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what a bunch of joker!

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| 1461 views | | 9 replies (last November 14, 2024) | Reply
Post ID: @OP+1vtRaqDe

9 replies (most recent on top)

LR announced? how many to be let go? when? which location? why?

In August. They said they were holding back $200M-$300M for a second round which means there won't be a need for a separate announcement.

Whenever they feel like it.

Wherever they feel like it.

Because they still have far too many employees who don't have the brain power to grasp that Cisco has been having layoffs as often as quarterly for nearly 24 years. Microbes can't limbo under that bar.

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Post ID: @1pkj+1vtRaqDe

Hurray no LR announced! Yay ! Congratulations! Cheers to us !!!
Thank you ELT !

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Post ID: @1rsg+1vtRaqDe

@1erc+1vtRaqDe, listen to the recording or view the earnings statement. Google is free.

They never say how many, unless it's as a percentage.
They also never say when except to say in this quarter, or spread over the next 2 quarters.
Also, they never say what country, much less what location.
Have they ever said why other than to shift their focus on strength or growth areas and cut unprofitable departments?

Cisco has been doing this for years and you don't already know the answers to those questions? Come on.

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Post ID: @1bej+1vtRaqDe

LR announced? how many to be let go? when? which location? why?

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Post ID: @1erc+1vtRaqDe

@cww+1vtRaqDe It’s down ~$2 after hours. The street doesn’t like the flat growth forecast for the rest of the year. I wouldn’t expect to see $60 for a while.

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Post ID: @1bit+1vtRaqDe

how does market not see through this BS with CR, G2, FK and his cronies

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Post ID: @ywc+1vtRaqDe

Stock will cross 60 tomorrow. Pipeline your sale orders.

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Post ID: @cww+1vtRaqDe

Stock tanked since CR didn’t step down.

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Post ID: @wyr+1vtRaqDe

Because of we AIs, cisco is still floating

  • Anonymous Indian
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Post ID: @sax+1vtRaqDe

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