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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.26+1.2%Jan 15 3:59 PM EST

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To: RetiredNow who wrote (54682)8/24/2001 12:13:56 PM
From: MHA  Read Replies (2) of 77400
 
mindmeld,

You got to look at this re-org as something very positive, with
Mario and Ullah back and Kennedy out means good for Cisco.

Why - the service provider line of business is in a mess, Kennedy
had created layers of managers/vp's which is lots of overhead and
cuts into profits/margins. Mario is know for creating/maintaining a
lean and well focused team which I believe Kennedy failed to do.

With the reorg Cisco will be getting rid of this fat. I know managers at
Cisco who either have 0 or just 1 direct report. It's time for Cisco to get rid of this fat ...

there are manager with only 0 or 1 report.
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