Thread regarding Cisco Systems Inc. layoffs

How reliable is the news from CRN reporting 14K layoffs? Reuters also reported the same news referring to CRN article.

Is this a reliable source?

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| 3121 views | | 9 replies (last August 17, 2016) | Reply
Post ID: @OP+IVPiGQ0

9 replies (most recent on top)

Does it really matter if the number is 8k vs 10k vs 14k? Net-net is a lot of families around the world will be struggling in the coming months.

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Post ID: @fxe+IVPiGQ0

I wash my Director's feet.

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Post ID: @vkt+IVPiGQ0

Don't worry about condoning racism, it's so rampant inside cisco in every direction it's basically a part of the cultural fabric now.

Look at the org charts, If it's Indian Director.. its indian right down to intern and red badge. If it's white.. the same, just all white.. and contractors from eastern europe instead of india.

It's a pre-civil rights movement america. Give it a few more years and they'll have segregated bathrooms. I wouldn't have minded it. I can't count the times I saw some assh0l3 washing his feet in the sink. Sorry, but that's f'n disgusting.

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Post ID: @wol+IVPiGQ0

Not sure we should condon racism here. India no worse than anywhete else regarding ethics or honesty. Our US political candidates hardly a source of comfort. Also, never forget, I'm Rick Harrison, and this is my pawn shop. I work here with my old man and my son, Big Hoss. Everything in here has a story and a price. One thing I've learned after 21 years - you never know what is gonna come through that door.

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Post ID: @xoq+IVPiGQ0

Just rolled a dice and number was 13,500.

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Post ID: @ihc+IVPiGQ0

Where there is smoke there is fire..... Something is going to happen 14k seems high to me. I would guess lowe

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Post ID: @zfu+IVPiGQ0

It's true - at least 12k from my inside sources

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Post ID: @jgz+IVPiGQ0

No, CRN is not a source known for journalistic ethics, in this case verifying claims with multiple sources. Despite that, there will be LR of some size, regardless of whether it's announced on the earnings call.

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Post ID: @brf+IVPiGQ0

May be.....................May be not !!!!!

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Post ID: @gvn+IVPiGQ0

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