Cisco To Shut Down For 4 Days At Year End
1–10 of 18 posts
Re: Cisco To Shut Down For 4 Days At Year End
#2Cisco is the closest thing technology has to an industrial company. At least a few regulars here have to have worked on Tasman before. It's not what you'd call an "agile" place.
Re: Cisco To Shut Down For 4 Days At Year End
#3There is very little information in this article. In fact, the headline pretty much sums it all up. A quote or two to put this in context would have been nice. The article implies the shutdown is a cost saving measure, but provides absolutely nothing to back this up. It doesn't even mention whether or not employees will be paid for the four days. For all we know, they could just be giving employees a little more time off to enjoy the holidays.
[EDIT] There's a better article on Reuters that least attributes the news to an email from a Cisco spokesperson.
http://us.rd.yahoo.com/finance/external/reuters/SIG=1165jh9e...
Re: Cisco To Shut Down For 4 Days At Year End
#4There is very little information in this article. In fact, the headline pretty much sums it all up. A quote or two to put this in context would have been nice. The article implies the shutdown is a cost saving measure, but provides absolutely nothing to back this up. It doesn't even mention whether or not employees will be paid for the four days. For all we know, they could just be giving employees a little more time…
Raise your hands if you believe Cisco is closing to "give employees a little more time off to enjoy the holidays". Anyone?
Re: Cisco To Shut Down For 4 Days At Year End
#5There is very little information in this article. In fact, the headline pretty much sums it all up. A quote or two to put this in context would have been nice. The article implies the shutdown is a cost saving measure, but provides absolutely nothing to back this up. It doesn't even mention whether or not employees will be paid for the four days. For all we know, they could just be giving employees a little more time…
Raise your hands if you believe Cisco is closing to "give employees a little more time off to enjoy the holidays". Anyone?
You don't have to be a jerk about it. My point was that there was almost no substance to this article and nothing to back up its claims. It's simply bad journalism. That's a valid point no matter what the reason is for the shutdown. We should expect more from stories submitted here.
Re: Cisco To Shut Down For 4 Days At Year End
#6Earlier quoted context omitted.
Raise your hands if you believe Cisco is closing to "give employees a little more time off to enjoy the holidays". Anyone?
You don't have to be a jerk about it. My point was that there was almost no substance to this article and nothing to back up its claims. It's simply bad journalism. That's a valid point no matter what the reason is for the shutdown. We should expect more from stories submitted here.
i have a "friend" who "works" there. this really is a cost saving effort.
Re: Cisco To Shut Down For 4 Days At Year End
#7Earlier quoted context omitted.
You don't have to be a jerk about it. My point was that there was almost no substance to this article and nothing to back up its claims. It's simply bad journalism. That's a valid point no matter what the reason is for the shutdown. We should expect more from stories submitted here.
i have a "friend" who "works" there. this really is a cost saving effort.
I had my doubts after reading the gigaom article, but the Reuters article I found mentioned a statement from a Cisco person saying it is a cost saving measure.
I guess it's a safe assumption that employees will not be paid for these days. Can your "friend" share a little more information? So far, there seems to be very little information available.
Re: Cisco To Shut Down For 4 Days At Year End
#8Earlier quoted context omitted.
i have a "friend" who "works" there. this really is a cost saving effort.
I had my doubts after reading the gigaom article, but the Reuters article I found mentioned a statement from a Cisco person saying it is a cost saving measure. I guess it's a safe assumption that employees will not be paid for these days. Can your "friend" share a little more information? So far, there seems to be very little information available.
If what you say is true, this measure doesn't seem to make any sense.
If their employees cost more than what they produce every day, doing nothing for 4 days is similar to closing your eyes and wishing the problem away.
Re: Cisco To Shut Down For 4 Days At Year End
#9Earlier quoted context omitted.
I had my doubts after reading the gigaom article, but the Reuters article I found mentioned a statement from a Cisco person saying it is a cost saving measure. I guess it's a safe assumption that employees will not be paid for these days. Can your "friend" share a little more information? So far, there seems to be very little information available.
If what you say is true, this measure doesn't seem to make any sense. If their employees cost more than what they produce every day, doing nothing for 4 days is similar to closing your eyes and wishing the problem away.
If they're losing money every day, closing down for 4 days makes sense.
Re: Cisco To Shut Down For 4 Days At Year End
#10Earlier quoted context omitted.
If what you say is true, this measure doesn't seem to make any sense. If their employees cost more than what they produce every day, doing nothing for 4 days is similar to closing your eyes and wishing the problem away.
If they're losing money every day, closing down for 4 days makes sense.
Yes, as much as closing down for the whole year.