"Well, I don't think Lizzie nor I were talking about Cisco."
Since this is the Cisco thread and Lizzie opened this umpteenth offshoring discussion with "the empty buildings are the effects of offshoring more than a falloff in orders for cisco" ... it sure seemed like it to me.
Offshore employees for Cisco for the last 7 years: Employee Employees Fiscal Total Overseas Overseas Year (approx.) (approx.) Percentage
2000 34,000 9,000 26.5% 2001 38,000 11,000 28.9% 2002 36,000 10,000 27.8% 2003 34,000 9,000 26.5% 2004 34,000 9,600 28.2% 2005 38,413 11,000 28.6% 2006 49,926 19,600 39.3% Source: Cisco SEC 10-K filings.
For the first six years, the percentage of offshore employees is in a fairly narrow range ... 26.5% to 28.9% ... and then there's a big jump to 39.3% during FY2006.
Was there an acquisition that caused that? Or has John Chambers been reading Lizzie's posts and finally decide Cisco needed to count all those contractors? :-)) |