Telecom IndustryAug 7, 2019
CiscoQrzXBo

Does this mean even more layoffs at Cisco?

Cisco acquires Voicea... https://siliconangle.com/2019/08/06/cisco-scoops-voicea-infuse-ai-collaboration-products/

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Oscar 🐨koala Aug 7, 2019

Start leetcode!! Take the severance!

Cisco ItuO01 Aug 7, 2019

Yes. Kelly will always keep overall OpEx moving down, so new people coming in through an acquisition requires existing people moving out. Acquisition price is supposed to be offset by revenue, although it rarely plays out like that (excluding Meraki and SourceFire). People are offset by people. Also, it is the start of the fiscal year. Cisco Fiscal New Year is always celebrated with 3-7% layoffs. Happy Cisco New Year!

Cisco lakerw8 Aug 7, 2019

You have until mid term planning. Nov time frame.

NVIDIA JeanSun Aug 9, 2019

Fix the Webex!!

Cerner xyyxxy Aug 9, 2019

switch to teams

Nutanix NotDPandey Aug 9, 2019

We fixed it by moving off it to Zoom

Xilinx LKLA78 Aug 9, 2019

I thought Cisco lays off all the time even without acquisitions

Synopsys anon57 Aug 9, 2019

Voicea does not seems to be a big acquisition. ( Money wise or HC) so it's fine

Adobe Spidey™🕸️ Aug 9, 2019

Sorry, Albertsons doesn't hire laid-offs

Facebook icdN16 Aug 9, 2019

I heard Adobe also has a hiring freeze?

Adobe bVhVjJD Aug 10, 2019

And rumors of layoffs

Apple veh8bn Aug 9, 2019

It seems like Cisco lays off about once per year. 🙄

Xilinx LKLA78 Aug 9, 2019

You mistyped month

Bose bosebose10 Aug 9, 2019

Lol sike

Pearson Atin1ayDad Aug 9, 2019

WhAt is this Albertson? Is it a company? I have never heard about them?

CrunchTime! watabotism Aug 9, 2019

Ever heard of Shaw’s? It’s holding company is part of FAANG, obviously

Pearson Atin1ayDad Aug 9, 2019

Where is S in FAANG?

ARM Cyrus123 Aug 9, 2019

They have an office in Pleasanton