Earlier quoted context omitted.
I don't follow. What government pressures companies to lay people off?
There are many government pressures that cause this unpleasant business to happen; it could have been a ridiculous fine for having to many employees or a bad percentage of a certain kind of person or some other fine.
Cisco to lay off about 14,000 employees
241–250 of 294 posts
Re: Cisco to lay off about 14,000 employees
#242Earlier quoted context omitted.
> wish companies, if possible, throttled layoffs a bit more The uncertainty will cause a lot of stress. As a red badge at Cisco some years back, layoff talks used to cause me serious anxiety, even though my parent company would just move me to another project. The bigger problem with Cisco is that people speculate about layoffs and there are continual leaks. This really upsets employees, and causes considerable emoti…
To add to this point often stronger employees will exit when this ongoing pain is happening. No-one likes the uncertainty but your best guys can move the fastest. And general morale. Redundancies are absolutely best done as one-and-done. Also, would this be a record number of staff laid off in one go 'by choice'? 14,000 is huge. Poor guys.
Re: Cisco to lay off about 14,000 employees
#243Earlier quoted context omitted.
It goes to the stock owners pockets, not lost.
And they keep that money in their pocket, do they? On a personal level, this sucks for those Cisco employees. But it's weird that the land of disruption advocates "wasting" money on unneeded labour. There isn't much sympathy for the taxi drivers Uber is harming.
Re: Cisco to lay off about 14,000 employees
#244Earlier quoted context omitted.
It's a much smaller market than the old "everything with more than one network port should be Cisco" mantra, though. Yeah, Cisco won't disappear any time soon, but their market is shrinking.
> Yeah, Cisco won't disappear any time soon, but their market is shrinking. do you think cisco is in danger of becoming SGI of networking ?
Re: Cisco to lay off about 14,000 employees
#245Earlier quoted context omitted.
> Yeah, Cisco won't disappear any time soon, but their market is shrinking. do you think cisco is in danger of becoming SGI of networking ?
A much smaller company could definitely create these very high end switches and routers, with a business and support model unlike that of Cisco.
Major ISP backbones are very risk averse, when you're trying to run a six nines availability IP services POP. The routing software needs to be rock solid and mature when you're looking at a twin pair of core routers in a node that might be handling 200-300 Gbps of traffic and critical edge peering/transit connections.
Re: Cisco to lay off about 14,000 employees
#246This kind of uncertainty is unsettling to any employee (good and bad performers). It's prudent for existing employees to look for employment elsewhere since this uncertainty has been going on for over a decade now. If that means gaining additional skills, networking (no pun intended) etc. so be it.
Re: Cisco to lay off about 14,000 employees
#247Earlier quoted context omitted.
Better that then yet more money funneling into the pockets of the big cloud companies.
How so? Most of the OpenStack stewards are as stodgy and corporate...
Re: Cisco to lay off about 14,000 employees
#248Let's just say the average salary is 70k which is very conservative. That is 14k * 70k annually lost from the local community, a grand total of 980M or let's just say 1 billion annually. Looking for another job when there are massive cuts like this also degrades the salary they accept on their next job because of the competition. I wish companies, if possible, throttled layoffs a bit more instead of large chunks like…
Re: Cisco to lay off about 14,000 employees
#249Earlier quoted context omitted.
What alternatives are there?
AWS, Azure or GCE....or if you insist on your own hw, just what spit and bailing wire you minimally require... at least you will own and understand it.
Re: Cisco to lay off about 14,000 employees
#250Earlier quoted context omitted.
Its not about money funneling into the pockets of the big cloud providers, its about engineering hours being better spent. Openstack is bit of a mess.
Absolutely. I'm still waiting for any two things in OpenStack to be consistent with each other. Related: My compilation of OpenStack rage tweets. https://twitter.com/search?q=@stefanmajewsky%20#openstack&sr...