If you can’t take it, GTFO!
19 replies (most recent on top)
Cisco must be doing well. The CEO is 22nd highest paid at 39 mil a year in 2024 (up 23% from 2023).
From:
https://companiesmarketcap.com/tech/most-profitable-tech-companies/
https://companiesmarketcap.com/tech/largest-tech-companies-by-market-cap/
https://companiesmarketcap.com/tech/largest-tech-companies-by-revenue/
Among tech companies Cisco is 16th in earnings, 18th in market cap and 23rd in revenue.
I'll ask the perpetually unanswered questions again:
- Who is truly qualified to make Cisco all it should have been as CEO AND would take a job in salvage instead of leading a hot new startup?
- What new technology can Cisco execute on in such a way that they can both acquire and sustain market leadership?
It's not like any of Cisco's networking and security competitors are branching out successfully into completely new businesses which means everyone is trapped in the legacy network space.
Cisco must be doing well. The CEO is 22nd highest paid at 39 mil a year in 2024 (up 23% from 2023).
https://www.wsj.com/business/rick-smith-axon-ceo-pay-package-2024-6e864a64
Cisco is utterly useless and led by mules.
The M7 and other big tech businesses all have ELT's who have largely engineering backgrounds. Jason Huang, Mark Zuckerberg, et al. Cisco has greasy used car salespeople.
Yes for the one with best connection !
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The title of the next Bollywood Blockbuster.
What a desperate MF S-B you are Ops. All the show off, bribing to be #1 and LinkedIn propaganda is not enough for you. Now you are trying to show off on this site!
You cannot fool those who worked at Cisco and experienced the failed dinosaur.
G2 stick to LinkedIn
You optimize your experience at Cisco by figuring out how to give the least while taking the most.
When I was there actual development was a tiny fraction of the development budget. Developers could have spent a few hours a week writing working code while still collecting the tens of billions spent on bug fixing and Cisco would still be better off in that they wouldn't be causing customers endless pain with bug riddled products.
As I keep pointing out, it's not the deadwood checking in all the bugs.
At Cisco Technical leaders do 1-5 line check ins 2-3 times per week and Principal Engineers can't even do that much
This is because these people actually understand Cisco.
Cisco is not a wealth generation machine, it is a wealth extraction machine.
You optimize your experience at Cisco by figuring out how to give the least while taking the most.
Cisco is undergoing a strategic transformation, rapid transitioning its workforce to a younger generation
LOL so they're hiring people in their forties instead of people in their fifties?
R2G2 is that you?
The salaries talked about by the other post signifies that even with the raise you guys are below market rate.
Which thread? I keep seeing a loser who claims she could get 50% more pay by joining "any other company" but obviously can't get hired by any other company.
Put down real pay rates for actual work, not title for Cisco and the rest of the networking market. At Cisco Technical leaders do 1-5 line check ins 2-3 times per week and Principal Engineers can't even do that much, so you really need to compare them to Student Employees at other companies.
Fine believe what you want. Don't come here and start crying when you are a high performer and was laid off.
For many skills a "high performer" at Cisco is a bottom 5% anywhere else.
...rapid transitioning its workforce to a younger generation...
Cisco stated it was aiming for an average engineer to be 25 around two decades ago and they were hiring plenty of young people before and after that time. Kids that get drawn in by lies of a company doing actual development and have real skills quit within months as they can see the damage the environment does to their careers. The ones that stay are the proverbial frogs in a pot as their skills are quickly boiled away.
Much like the effort starting more than 20 years ago where employees in the US were urged to move to India for a pay cut because they couldn't get enough people there Cisco as a legacy company drowning in technical debt won't be able to attract a critical mass of real talent in either country at any age.
@a5 Why hasn't this be done earlier? The salaries talked about by the other post signifies that even with the raise you guys are below market rate.
Fine believe what you want. Don't come here and start crying when you are a high performer and was laid off.
Don't drink that kool-aid otherwise you might get diabetes.
Cisco is undergoing a strategic transformation, rapid transitioning its workforce to a younger generation—not as a cost-cutting move, but as an intentional shift to foster greater creativity and innovation. Interestingly, many of the new hires are brought in at higher compensation levels than their predecessors, reflecting the company's investment in fresh perspectives and new energy.
While the company continues to evolve, it has maintained a remarkably stable leadership team, even through multiple rounds of workforce reductions. This consistency at the top provides a clear and steady direction during times of change.
Cisco’s stock performance speaks for itself, and with its renewed focus and dynamic talent pool, it’s well-positioned for a strong and exciting future.
#1 again!