Cisco To Fire 10,000 People

Cisco To Fire 10,000 People
Wow, that's about all I can say. I dunno if this is 100% accurate, but if it is that's pretty crazy.

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jibbajabba

Blimey - they had in Q3 73k employees - that certainly is a massive cut ..

Turgon

L0gicB0mb508 wrote: »

Cisco To Fire 10,000 People
Wow, that's about all I can say. I dunno if this is 100% accurate, but if it is that's pretty crazy.

I hate to break the news but Cisco have peaked and are in decline.

Forsaken_GA

Hrm, that makes me wonder if Papa John's keynote address today will actually be his curtain call.

Kelkin

Most Likely..

L0gicB0mb508

Turgon wrote: »

I hate to break the news but Cisco have peaked and are in decline.

I never have doubted that, but I guess it just shows how even the major players aren't safe anymore. It's still a little shocking to see a company that major faltering like that.

Turgon

L0gicB0mb508 wrote: »

I never have doubted that, but I guess it just shows how even the major players aren't safe anymore. It's still a little shocking to see a company that major faltering like that.

There are no safe jobs. It will be defence contractors next.

gorebrush

They made similar cuts back in the early 00's yet are double the size overall these days.

L0gicB0mb508

Turgon wrote: »

There are no safe jobs. It will be defence contractors next.

Yeah I think the defense contractors will be hurting once combat operations die down in Afghanistan and Iraq. I however don't think most gov contractors working in other areas will see much damage done.

tpatt100

Got this link from the comments

Search Results - Cisco Career Connection - Cisco Systems

They are still hiring overseas

L0gicB0mb508

gorebrush wrote: »

They made similar cuts back in the early 00's yet are double the size overall these days.

That's interesting. I haven't really followed Cisco that much. I just noticed this and thought "wow".

Crucio666

10,000 more techs on the market looking for a job?

shodown

I think this will be for the product lines they are no longer going to be putting money into. Also they will use this as a excuse to trim the fat from other org's that are spending more than they bring in. This is why I always wonder about the investment into a IE in other tracks than R&S. While no doubt Cisco will remain a market leader like M$ they will constantly be getting picked away by the Junipers, Brocades, in areas they can specialize in and do it better than cisco

jamesleecoleman

tpatt100 wrote: »

Got this link from the comments

Search Results - Cisco Career Connection - Cisco Systems

They are still hiring overseas

And I totally plan on apply for their overseas positions later on.

phantasm

What this means to me is that after my CCNP I'll be looking into Juniper and Brocade as well. roflmao.

Xcluziv

Turgon wrote: »

There are no safe jobs. It will be defence contractors next.

Exactly....

THERE IS NO SUCH THING AS A SECURE JOB OR BUSINESS, THERE ARE ONLY "SECURE" PEOPLE

shodown

L0gicB0mb508 wrote: »

Yeah I think the defense contractors will be hurting once combat operations die down in Afghanistan and Iraq. I however don't think most gov contractors working in other areas will see much damage done.

This is why I left the defense industry last year. Salaries were going down, and the skill level of the engineers kept getting worse as the requirements had to go down cause most Engineer with good pay weren't leaving there old jobs.

L0gicB0mb508

shodown wrote: »

This is why I left the defense industry last year. Salaries were going down, and the skill level of the engineers kept getting worse as the requirements had to go down cause most Engineer with good pay weren't leaving there old jobs.

I see the skill level keep dropping. I was amazed at some of the people they were hiring on defense contracts.

Prime example: Systems Admin that didn't know what RAID was, or how to configure it.

NOC-Ninja

L0gicB0mb508 wrote: »

I see the skill level keep dropping. I was amazed at some of the people they were hiring on defense contracts.

Prime example: Systems Admin that didn't know what RAID was, or how to configure it.

maybe because he was hired by his friend. lol I agree that the skill level is very low. Dont even get me started on stories.

WafflesAndRootbeer

L0gicB0mb508 wrote: »

I see the skill level keep dropping. I was amazed at some of the people they were hiring on defense contracts.

Prime example: Systems Admin that didn't know what RAID was, or how to configure it.

It's the craptastic cert-oriented education these punks are getting. I'm only a little older than most of the kids they are hiring for these jobs and I can kick the **** out of them tech-wise because I've been doing this for most of my life. To make matters worse, companies are no longer investing in talent development other than "Hey, we'll give you some money if you go take some classes, mmkay?." Back in the day, you did a lot of learning on the job, got in-house training, and worked with others to get it done. These days, it's just not like that anymore.

DigitalZeroOne

L0gicB0mb508 wrote: »

I see the skill level keep dropping. I was amazed at some of the people they were hiring on defense contracts.

Prime example: Systems Admin that didn't know what RAID was, or how to configure it.

Are you sure that it wasn't the FTE and not the contractor? From my ventures in Defense contracts, it's usually the contractor doing the work and the actual government employee is the one not knowing anything, primarily because their job is "safe".

Also, Cisco firing 10,000 workers does not mean 10,000 IT jobs. This could be managers, admin assistants, customer service reps and a mix of other jobs.

WafflesAndRootbeer

DigitalZeroOne wrote: »

Are you sure that it wasn't the FTE and not the contractor? From my ventures in Defense contracts, it's usually the contractor doing the work and the actual government employee is the one not knowing anything, primarily because their job is "safe".

It could really be either one. A lot of government agencies now contract almost everything relating to IT support and management out to the bidders except for overall management-type positions, which are supposed to herd the cats. It really depends on what kind of work the agency/department/whatever is responsible for and what the security level is.

L0gicB0mb508

DigitalZeroOne wrote: »

Are you sure that it wasn't the FTE and not the contractor? From my ventures in Defense contracts, it's usually the contractor doing the work and the actual government employee is the one not knowing anything, primarily because their job is "safe".

Also, Cisco firing 10,000 workers does not mean 10,000 IT jobs. This could be managers, admin assistants, customer service reps and a mix of other jobs.

No this was a contractor for the firm I was working for in Afghanistan. I had two sys ads that couldnt do ANYTHING.

DigitalZeroOne

L0gicB0mb508 wrote: »

No this was a contractor for the firm I was working for in Afghanistan. I had two sys ads that couldnt do ANYTHING.

Maybe he thought you meant a "Raid" on Ironforge; I have had issues separating games from reality

chrisone

why cant we just live life simpler? why do houses have to be 100X overpriced? is it because that is the basic human necessity that all humans need? I am surprised water does not cost more than gas these days

Forsaken_GA

shodown wrote: »

I think this will be for the product lines they are no longer going to be putting money into. Also they will use this as a excuse to trim the fat from other org's that are spending more than they bring in. This is why I always wonder about the investment into a IE in other tracks than R&S. While no doubt Cisco will remain a market leader like M$ they will constantly be getting picked away by the Junipers, Brocades, in areas they can specialize in and do it better than cisco

This was a given. Nature abhors a void, and big names can fade away pretty easily. Anybody know what happened to Hayes? Are any of you old enough to remember when they dominated a market until they got outplayed by the competition?

With that being said, as long as your CCIE wasn't on the Flip camera track, I think you'll be fine. The Empire may be in decline, but Cisco is firmly entrenched in a few core markets, and they're not going anywhere anytime soon. They stepped out on their core business, didn't do a very good job at it, and the market punished them as a result. They're hardly the first company to experience that.

Bl8ckr0uter

What about those CCSP/CCIE:Security certified folks?

tpatt100

Well contracts in the Middle East have certain requirements that eliminate 99 percent of qualified personnel.
The first being "are you willing to work in Afghanistan? That eliminates 99 percent right at the start.
Do you have a security clearance? There goes 99 percent of the 1 percent left.
Final qualification " ever load windows?".

L0gicB0mb508

tpatt100 wrote: »

Well contracts in the Middle East have certain requirements that eliminate 99 percent of qualified personnel.
The first being "are you willing to work in Afghanistan? That eliminates 99 percent right at the start.
Do you have a security clearance? There goes 99 percent of the 1 percent left.
Final qualification " ever load windows?".

yeah pretty much

Lizano

Bl8ckr0uter wrote: »

What about those CCSP/CCIE:Security certified folks?

One exam away from it, but life has taught me to live by the rule, you need to have multivendor knowledge in a multivendor world. Even at "all cisco shops" you eventually have to deal with a border equipment that is provided by another vendor.

Cisco is still a long way from not being the key player in the networking world imho. Especially in R&S, you might see Juniper and other vendors like Fortinet and Checkpoint winning some market in Security, but Cisco still has a good share in it. You may see sip and asterisk basked solutions gaining ground in VoIP, but Cisco still has its good share in it. And in R&S, I'm not as familiar with other vendors but I don't see anybody kicking Cisco out of the lead shortly, except for ProCurve in switching, which I do think will happen sooner that later.

I'm expecting Cisco to come and play in the UTM market, I'm suprised they haven't yet. I suspect they are loosing a bit of the SMB share in that arena. I'm no expert though.

Forsaken_GA

Lizano wrote: »

Cisco is still a long way from not being the key player in the networking world imho. Especially in R&S, you might see Juniper and other vendors like Fortinet and Checkpoint winning some market in Security, but Cisco still has a good share in it. You may see sip and asterisk basked solutions gaining ground in VoIP, but Cisco still has its good share in it. And in R&S, I'm not as familiar with other vendors but I don't see anybody kicking Cisco out of the lead shortly, except for ProCurve in switching, which I do think will happen sooner that later.

Juniper has a huge presence in the service provider world, especially when it comes to routing, but they're making inroads into the Enterprise market. The Enterprise is still Cisco's bread and better, but yeah, folks like Brocade and HP are not making it easy on them.

The end result is that we're likely to see prices on Cisco gear drop as well. At some point they're going to have to realize that large portions of their market have become commoditized, and the margins they expect are simply unrealistic. Not everyone can get away with being Apple.

It wouldn't surprise me to see prices on gear drop, but prices on the service contracts rise.

And by the same token, do not underestimate the power of Cisco certification. There's a whole lot of Cisco certified people out there, and that *does* have an effect on purchasing and hiring.

Cisco's made a few bad steps, and just like with Microsoft, the competition has capitalized on those to grow their own share. Whether or not they have the agility to recover, time will tell. I live about 2 miles from what used to be the Scientific Atlanta campus, I see the Cisco sign every time I go to work. I'm wondering if that campus will stay open (that was another acquisition which hasn't paid off the way Cisco had hoped)