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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (618961)7/11/2011 10:35:47 PM
From: Brumar892 Recommendations  Read Replies (1) of 1580419
 
That's right .... we "wingers" decided at our last meeting to force Cisco to lay off 10,000 employees. There was spirited debate over the number and 10,000 was a compromise. The purpose was to punish America for electing a black President.

Seriously, its amazing how your demented mind works.

If you read the article, you'd see Cisco's problem was its competition:

"Cisco Chief Executive Officer John Chambers is slashing jobs and exiting less-profitable businesses as competitors such as Juniper Networks Inc. (JNPR) and Hewlett-Packard Co. (HPQ) take market share in Cisco’s main businesses with lower-priced, simpler products. Sales of Cisco’s switches and routers, which made up more than half of revenue last year, will continue to slip, said Brian Marshall, an analyst at Gleacher & Co."
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