Maybe a large proportion of the 16% lay-offs should be amongst the financial
guru's who predicted 55% growth in the first place.
How terrible, only 40% growth. Can a company grow exponentially forever? If
everybody else was having a wild time it would be more worrying. (If I had
Cisco shares I suppose it would be a little worrying too).
I read somewhere that Cisco were the second best company in the world to
work for. So they're having to cut down on expenses for a while. How far
down the list are they going to slide?
What's the story, are things really that bad?

Gareth

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