By this time next year it will be 20%. Anyone want to bet?
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Cisco rumors are always true but only for that specific moment. There must have been a time the number of 14,000 was discussed. Don't be too happy too early. There will be silent LR's and "performance management" to make up the difference, so the true number will be for sure more than 5500.
Cisco rumors are always true but only for that specific moment. There must have been a time the number of 1,400 was discussed. Don't be too happy too early. There will be silent LR's and "performance management" to make up the difference, so the true number will be for sure more than 5500.
Sh-- Indian journalism at center just like coders at Cisco
s--- it. Its 20% http://www.reuters.com/article/us-cisco-systems-layoffs-idUSKCN10S05D
14,000 - 5,500 = 8,500 folks have been saved. Yipppie!!!
7% is a BS I guess they are not factoring all the silent layoffs that happened this past quarters.
Yeah, nice reporting CRN. Wondering who the "multiple sources" were!
Probably floated a 20% rumor so that 7% is easier to swallow. Still s---s.
Yes 5500 that's only ~27,000 in the last 8 years.
CRN should be taken to task for the aburd numbers. Aweful job CRN....
http://investor.cisco.com/investor-relations/news-and-events/news/news-details/2016/Cisco-Reports-Fourth-Quarter-and-Fiscal-Year-2016-Earnings/default.aspx
7% of workforce -- just shows how stupid all those rumors were. . .