Thread regarding Cisco Systems Inc. layoffs

Cisco is not seen as competition

I was part of the LR’s this year, and honestly, it’s the best thing that could’ve happened to me. Why? Higher salary, stock options, no politics, room for creativity, ELT members who actually know what they’re doing, and a tech-driven company—it’s just amazing.

But what surprised me even more? Cisco isn’t seen as competition at all. On the contrary, Cisco accounts are considered the easiest targets. Everyone here is well aware of the internal chaos and the lack of skilled salespeople at Cisco.

Honestly, I’m embarrassed to have Cisco on my resume.

by
| 1361 views | | 6 replies (last November 27, 2024) | Reply
Post ID: @OP+1vF4jA7N

6 replies (most recent on top)

MS and ZM do not view Cisco as competition at all these days. They see Cisco as a legacy vendor that’s lost its way. Even Google Meet doesn’t. Cisco had a market dominant position and blew it. Just like they did in DC, WAN and firewalls. Mostly on CR watch.

by
| | Reply
Post ID: @2neb+1vF4jA7N
The competition keeps refining their craft and Cisco is trying play startup instead of leading the industry.

They need to do both and it doesn't appear they'll be wildly successful at either. If you treat routing and switching as the core Cisco has 40 years of technical debt it will never be able to resolve. The people who created it lack skills at every level and stage of development. That just rights the ship but won't yield significant growth as even if Cisco eats all the revenue of their biggest competitors there they still won't double their business.

Fuzzily mixing revenue and market cap, if stocks on average have values that grow in proportion to their revenue growth (admittedly an unlikely if) and the average growth is 10%/yr Cisco would need to generate an additional $53B/yr in revenue 7.2 years from now just to be average. If Cisco can't create startup level innovation at a massive scale they're going to continue to perform well below average.

by
| | Reply
Post ID: @1tiu+1vF4jA7N

The competition keeps refining their craft and Cisco is trying play startup instead of leading the industry.

by
| | Reply
Post ID: @1jzn+1vF4jA7N

As a customer I can say Cisco has its problems, but its competitors are also fairly messed up too. We try to buy the best solutions at the best price and Cisco both wins and loses some of our business.

by
| | Reply
Post ID: @drc+1vF4jA7N

well, I dont think anyone laid off feel good, it is more a 50/50, 50 means I will keep guessing and keep worrying if I stayed, 50 is unsure of future, back in 2 years ago, heck, you are right, anyone can get a job in IT, now it is different. very few jobs and people resume piling across.. I see some people taking one year to get a job, my old boss at a different company, leadership position took one year to land a new job..

hence stay longer and keep goofing off if you can and stick there.

outside is brutal now and survey actually find 90% people got a pay cut. However, they will lie and cheat their families , saying they feel better.

by
| | Reply
Post ID: @mef+1vF4jA7N

Incredible trolling.

Get a new hobby.

by
| | Reply
Post ID: @tcw+1vF4jA7N

Post a reply

: