SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (71188)10/4/2006 1:36:51 PM
From: Joe Wagner  Read Replies (2) | Respond to of 77400
 
THE BUSINESS OF CHANGING THE WORLD
""John Chambers of Cisco -- "I truly believe that leading corporations have a responsibility to give back and to recognize social responsibility as a priority. Good corporate citizenship also makes good business sense because it improves the overall community, celebrates employees, encourages innovation, and enhances shareholder value. At Cisco, we are dedicated to using the power of the Internet to positively affect change and empower communities and individuals. In THE BUSINESS OF CHANGING THE WORLD, Marc Benioff focuses on the key role that corporations play to ensure that the world is a better place to work, live, play and learn, not just today but for future generations.""

Twenty Global Leaders Discuss Integrated Philanthropy in Marc Benioff's Latest Book - THE BUSINESS OF CHANGING THE WORLD
Wednesday October 4, 8:55 am ET
Michael Dell, Craig Barrett, Michael Milken, Steve Case as Well as Musician Peter Gabriel and World Economic Forum Founder Klaus Schwab Discuss the Value of Integrated Philanthropy

SAN FRANCISCO, Oct. 4 /PRNewswire-FirstCall/ -- Salesforce.com (NYSE: CRM - News) CEO Marc Benioff's newest book THE BUSINESS OF CHANGING THE WORLD: Twenty Great Leaders on Strategic Corporate Philanthropy, co-authored by Carlye Adler, discusses how global leaders have successfully integrated philanthropy into business and daily lives.

biz.yahoo.com
-------------
Hello Mindmeld and everyone, Congratulations on the price increase of Cisco shares! Cisco continues to position itself for success.



To: RetiredNow who wrote (71188)10/4/2006 3:53:06 PM
From: rkral  Read Replies (2) | Respond to of 77400
 
"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? :-))