Thread regarding Cisco Systems Inc. layoffs

At least someone realises it's all smoke and mirrors!

/>

by | Post ID:
1710 views | 4 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

4 replies (most recent on top)

Article is right on. Further, what gets lumped into recurring is service revenue on the declining core business. The company is in trouble.

by | Post ID:

Another quarter of decline will hit the stock hard, after Chucky has promised growth in Q2. I'm not sure where we are going to find this elusive growth and if we recall the initial growth was created by Trumps repatritisation of offshore capital that CSCO would no doubt use for buy backs, which is also looking very unlikely now. Going long on CSCO is a risky move by my book. We've enjoyed growth and the ELT have secured their bonuses, lets not let greed fool us that this is in anyway a justified value.

by | Post ID:

This could not be more spot on.

"Summary

Cisco kicked off Q1 by touting its increasing pivot toward software and recurring revenues.

Relatively little of Cisco's software growth has been organic, and its portfolio of applications is both confusing and beset by competition.

The narrative shift is an attempt to direct attention away from continued bleeding in its networking portfolio.

After eight consecutive quarters of revenue decline, Cisco is forecasting a return to growth in Q2. This increases pressure on the company to execute and failure to do so would be disastrous for the stock."

by | Post ID:

Chambers wanted to go down in history as the greatest CEO so he hired Chucky to replace him.

by | Post ID:

Post a reply

:

Related pages


wholefoodmarket.comsears corporate office human resourcesqualcomm jobs austinsynageva combrcm stocksat&t call center in atlanta gasupervalu layoffscheckpoint systemsh1b to eb1wells fargo bank layoffsapple store aventura mall floridacabela's in mitchellchesapeake energy stock pricesairline layoffssap implementation failureat&t repair ticketbangalore layoffnabors houstonconocophillips houston texasensco offshore companyl3 communications stockcameron international layoffsapplestore mission viejohoneywell kswww apriahealthcarepearson education hobokenamgen news layoffoak brook mcdonaldssynnex companycafepharma boston scientifictime warner cable locations dallas txweatherford address houstonalcoa warrick jobssjm jobsapple jobs elk grove catarget corporation minneapolis mnge montrose jobstrizetto companytime warner cable business class jobsciena canadajcp stock tickernovartis tickercentury link internet denverprice waterhouse cooper tampainvesco inctechnicolor ontariohp jobs rosevilleuopx facultyecmc groupapple store in fair oaksparker hannifin retirement benefitsdevryu loginhouston methodist san jacinto hospital baytown txoffice max monroe nccw post employment opportunitiessam's club in waco txinfoblox.comhumana de pere wiernst and young partner salarybaxter layoffsl-3 crestview aerospacerichmond centre apple storeus foods layoffscorporate popeyesebt jpmorgan ucardpoker goodgame studiosfrito lay inc plano txburlington coat factory closing timewebmail bakerpeter kiewit & sonsdirect 2 hr safewaywww cnbc c0mbanl of america eddquest diagnostics layoffshow many employees does charles schwab haveernst and young houstonaccenture san antonio