Cisco lays off nearly 20% of its work force
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That's a massive cut, but who honestly didn't expect it to happen? As manufacturing processes become even more streamlined, you only need so many people to build the part.
You need more people to work to code the part, which is what they are refocusing on. The software underlying the hardware they already have / want to produce.
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@DustinB3403 Don't forget charging 3-4 times as much as the competition for the same functionality. Has to rear it's ugly head at some point, no matter what the execs claim.
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@travisdh1 good point.
I didn't think about it at the time, but that is very true.
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@travisdh1 said in Cisco lays off nearly 20% of its work force:
@DustinB3403 Don't forget charging 3-4 times as much as the competition for the same functionality. Has to rear it's ugly head at some point, no matter what the execs claim.
But... but... no one got fired for buying Cisco...
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@coliver said in Cisco lays off nearly 20% of its work force:
@travisdh1 said in Cisco lays off nearly 20% of its work force:
@DustinB3403 Don't forget charging 3-4 times as much as the competition for the same functionality. Has to rear it's ugly head at some point, no matter what the execs claim.
But... but... no one got fired for buying Cisco...
Just like no one got fired for buying IBM, but somehow nobody was buying IBM desktops?
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@travisdh1 said in Cisco lays off nearly 20% of its work force:
@coliver said in Cisco lays off nearly 20% of its work force:
@travisdh1 said in Cisco lays off nearly 20% of its work force:
@DustinB3403 Don't forget charging 3-4 times as much as the competition for the same functionality. Has to rear it's ugly head at some point, no matter what the execs claim.
But... but... no one got fired for buying Cisco...
Just like no one got fired for buying IBM, but somehow nobody was buying IBM desktops?
It's a frustrating mentality for sure.
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Cisco has been investing in new products such as data analytics software and cloud-based tools for data centers, to offset the impact of sluggish spending by telecom carriers and enterprises on its main business of making network switches and routers.
Here's an idea. Don't make junk that's super expensive and people won't be sluggish to buy it.
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@stacksofplates said in Cisco lays off nearly 20% of its work force:
Cisco has been investing in new products such as data analytics software and cloud-based tools for data centers, to offset the impact of sluggish spending by telecom carriers and enterprises on its main business of making network switches and routers.
Here's an idea. Don't make junk that's super expensive and people won't be sluggish to buy it.
Ubiquiti Mic dropped.
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As good of reports as I've heard from folks here and around about Ubiquiti gear, I'm looking forward to getting my hands on more of it.
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@dafyre I have a switch, ERX, and a UAP lite. They are all fantastic.
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@dafyre said in Cisco lays off nearly 20% of its work force:
As good of reports as I've heard from folks here and around about Ubiquiti gear, I'm looking forward to getting my hands on more of it.
I was neck deep in the command line configuration on the ER-X we got recently. The QoS settings in the gui just didn't cut it, so I had to go all BASH and configuration on it. Got the minimum rules added to QoS that we need, and I love the little thing even more.
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@travisdh1 said in Cisco lays off nearly 20% of its work force:
@coliver said in Cisco lays off nearly 20% of its work force:
@travisdh1 said in Cisco lays off nearly 20% of its work force:
@DustinB3403 Don't forget charging 3-4 times as much as the competition for the same functionality. Has to rear it's ugly head at some point, no matter what the execs claim.
But... but... no one got fired for buying Cisco...
Just like no one got fired for buying IBM, but somehow nobody was buying IBM desktops?
Once people know that people say that, then they have to heavily question anyone buying the thing that people say that about.
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20% is a HUGE cut. Is that the highest number that they can do without triggering something?
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@scottalanmiller said in Cisco lays off nearly 20% of its work force:
20% is a HUGE cut. Is that the highest number that they can do without triggering something?
It is huge. That's a massive number of people. Cisco is putting on a good amount of spin by calling it a move toward SDN.
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wow that is a lot of folks
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@coliver said in Cisco lays off nearly 20% of its work force:
@scottalanmiller said in Cisco lays off nearly 20% of its work force:
20% is a HUGE cut. Is that the highest number that they can do without triggering something?
It is huge. That's a massive number of people. Cisco is putting on a good amount of spin by calling it a move toward SDN.
Everyone puts as much spin on downsizing as possible, that's their job. But downsizing means that they didn't have any strategic initiative in which they could use those people. There is just "less going on."
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@kennym said in Cisco lays off nearly 20% of its work force:
wow that is a lot of folks
That is not at all a small company.
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I haven't read anything that confirms the layoffs. The articles I've seen are all rumors.
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Disgusting waste of money:
https://community.spiceworks.com/topic/1774851-is-this-setup-overkill-for-a-second-office?page=1 -
@Jstear said in Cisco lays off nearly 20% of its work force:
I haven't read anything that confirms the layoffs. The articles I've seen are all rumors.
Reuters reporting what they feel is credible information from CRN who says that its source is undisclosable insiders.