Cisco is a pump and dump for Chuck and the board. Cisco doesn't innovate anymore, it just buys other companies, slaps the Cisco logo on it, and calls it macaroni. The ONLY way Cisco can boost the stock price is by (A) laying off employees or (B) Buying something. But it's short term ..the stock goes up for a bit , levels off and comes back down. If you have or get RSU, (more like IOU) it's a carrot on a stick. When they lay you off you lose any unvested stock. Start looking for jobs but if your in good financial shape, hold on as long as possible until your RSUs vest. The layoffs will pick up the pace, export more within 6 months. DON'T VOLUNTEER ANY AUTOMATION IDEAS! Your sc--wing your co-workers over. Make yourself as indispensable as possible by taking on as much work as possible (especially if your customer billable). If you work in Collab/WebEx ..time to change technology path...learn SDWAN or Security.
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Agree - if they want to keep doing massive LRs for vague reasons that do not make any logical sense, all while wearing $300k watches and dodging questions around cuts to their salary, why should we give them what they want? What’s in it for us, really?
The way that we rise up against these capitalistic c-suite execs, who won’t take even a $50k cut to their massive salaries, is to 1) unionize which will never happen or 2) stop giving them what they want (our ideas). Revolt.
Our time is now
Cisco is an LR machine that keeps on chucking every quarter.