Be prepared
10 replies (most recent on top)
When the AI bubble bursts, as it surely will, prepare for huge LR's at Cisco as the share price tanks to $30 or less. It is as certain as the Pope prays that this is going to happen, it's a question of when. AI is certainly important but it is over-hyped and the practical applications of it will not match the spend that's taking place. Could be tomorrow or next year, but happen it will. The tide going out will take down all boats, including Cisco. Do not put all your career eggs into this basket.
@d4 AI Bubble is what's keeping the entire economy afloat
Yes, there's an AI bubble
Yes, Cisco will obviously do layoffs at some point, and will likely scapegoat the US shutdown and the slowdown in AI orders.
17% is a ridiculous number. Anything higher than 15% would have to include a divestiture or a major line of business, which isn't likely.
Accept the reality @OP is underestimating the downturn
AI Bubble is literally what is keeping it afloat
You lie — Cisco is an AI leader with a strong backlog that is anchoring growth.
I remember last year when people were like 20% layoffs!!!!! Was maybe 10% total
Is there a way I can volunteer?
Maybe spell everything right, Mr. India.exe and people might believe your post -- but probably not.
"We have a winner!" for most inept and at the same time most efficient (shortest) post.
It take talent to cram so much (cr-p) in so little
Someone in another post was saying the talent is leaving us. No way.