Thread regarding Cisco Systems Inc. layoffs

That 14000 in 2016 is also proven bullsh@t from an Indian newspaper that folks reprinted as gospel. Gotta love the OP.

Good job the OP isn't the CEO. Two things. LR not related to OPEX is because a company like Cisco goes in different directions and requires different skill sets in different locations. Secondly whilst you give LR numbers you do not include new joiner through acquisitions and hires in new areas. It's really not complicated.

Better work in company which honours humans. Cisco is for share holders only.

@W3c8srf-2fqt Stop gloating - you aren't talented either. What you assume is adoration is just others just agreeing to get away from your ego.

stop whining- u are not that talented

I feel bad for the employees. Cutting jobs and putting more stress on the ones left behind. I wouldn’t stay is someone paid me.

The reason is to goose the stock price. After the repatriation of offshore money allowed the C-levels to buy back stock and hand it out to their cronies, they need to raise the stock price enough for everyone to cash in

In last 20 years which csco acquisition has been a huge success ?

"reinvest" means "buy another spin-in.

Non growing BU or stagnant product line means LR to weed Cisco of the old so they can reinvest in the areas of growth. This causes stock to rise which investors love. Very justifiable.

on average, executives lie 1200 times per day