November was a big lay-off and since then several,higher ups have exited causing a brain drain ?crisis? Wondering if this may be the start of Cisco’s end or perhaps collaborations end?
Feb13 March or April will drain the rest.
Thought?
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MM gone. MS gone and do are most of the henchmen. ML gone by choice but was marginalized into resignation. SG still alive and well carrying the MM torch and at every turn is trying to light lanterns throughout to consolidate power.
Do you all have collaboration zones at CISCO
Em, no MM,MS and ML are still very much there
MM is gone as is MS and ML and many under them
Thanks Xxl3adw-veu for the updates !
Did MM let go too ?
MM is the one of the executives who destroyed once great Collaboration team
The whole froup from MM down was laid off with a few left to transitin work or move to texas ~75+ people 11/5/2018
what happens to Collaboration team led by MM ?
https://money.cnn.com/quote/shareholders/shareholders.html?symb=CSCO&subView=institutional
Institutional investors hold a majority ownership of CSCO through the 77.07% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Computer Communications industry.
Mutual fund holders 39.03%
Other institutional 38.04%
Individual stakeholders 1.61%
with all these heavy hitters controlling the board and ceo, I think only financial concerns will predominate and under-performing BUs can suffer anytime.
I think there is some sort of major shift for Collaboration coming. The core R and D Leadership all the way back to TANDBERG have left suddenly. And the fact they no longer report the collaboration revenue by it self (they have folded it into applications) shows they are hiding the actual numbers that group is doing. And the whole Broadsoft acquisition has been a mess. Teams and Broadsoft UCCAS are still in no way integrated. And customers are not liking the telephony story. Reality is Cisco could just write off the whole thing if they wanted to. I for one doubt they will produce video hardware much longer. The likes of Logitech is killing them and people will not pay 5k plus for a video endpoint (not to mention the 200 dollars a month for a teams subscription for it) Something is going to change soon.
i dont think anyone can predict what will be the product, revenue and people pie chart in 5 years time.
for sure csco will survive by growing new limbs and brains (acquisition), but how much of the old body will remain if at all, is open to question.
in that sense it is a cash rich portfolio co like say Alphabet , Berkshire with some aspects of a PE co (KKR, TPG), but not a unitary tech co with any sectoral focus anymore.
in 10 years it may not even be in routing n switching at all, like IBM and GE are not recognisable from 75 years ago. investors and backers will have it move to "whatever makes money and keeps stock high"