For the heck of it, I looked at about 10 other companies on this website and Cisco has about 5x more posts than the next closest company…We all know this website has a ton of trolls, complainers, etc. but the fact is people are fed up of this company and this website shows it. Let’s hope for brighter times, but we work at Cisco at the end of the day, so we know that’s slim to none
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Who are BlackRock’s customers? They are the big bloated state governments with gigantic pension funds… they say “go woke with your investments and we will go with BlackRock”. So LF puts the squeeze on Chucky and he sells his soul…. Simple really. Woke is a financial scam in it’s implementation, a political scam at the top end.
Didn't Larry Fink and the Blackrock team champion DEI.. they want corporations to promote this.. why is this do you think?
@2afj+1tTMsPR9
Because when this comes into the workplace
Where merit and excellence should be rewarded above profile politics we lose business, moral and customers
BlackRock said it best DEI is a luxury for a bull market
I’ll never understand why you maga weirdos are so obsessed with DEI and other people’s s-x lives.
CSCO one year ago $58, today $45
People are fed up because leadership keeps running the same play, and it always ends in failure. Buy an adjacent technology but far too late, have marketing create some fiction about how this new technology combined with legacy will solve world hunger, throw it over the wall to the Indian dev team to attempt to glue it into existing products, wonder why sales isn't having much luck, and #FailBig. Rinse and repeat and promote the people involved.
Only way this company survives is to get an activist board to remove this garbage ELT.
But don’t think it’ll happen. Think about who owns majority of CSCO stock - institutional investors. They choose the stock because it’s stable (for a “tech” company), has a low P/E, and pays a reliable dividend.
If you’re on the board or ELT, and riding the gravy train on the way down, why demand accountability? These people don’t care if the stock tanks because they’ve made their money.
Gary might be able to help right the ship but the rot is deep. Just hope he doesn’t bail after seeing how the sausage is made.