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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.40-1.4%3:59 PM EST
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To: RetiredNow who wrote (58050)2/27/2002 11:54:37 AM
From: kvkkc1  Read Replies (2) of 77400
 
They already said their productivity per employee was way beneath the corporate goal. Cut the dead weight to get there. In a depression type environment like the telecomms are going thru, it's prudent to lighten up. If they need to hire in a year or two, they can always find new meat, or those former employees tired of flipping burgers or bagging groceries.
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