Comments on: Cisco cuts another 600-plus jobs

Networking giant reportedly lays off between 600 and 700 employees this week as part of its previously stated plan to realign its business and cut costs.

[flickrz]

Cisco CEO keeps getting a fat paycheck so that he can layoff more employees. "Real world corporate america."

[Mr. Dee]

Hey CISCO, I still have not gotten my CISCO IT Essentials Level II certificate. Whats up with that? Did you fire the printers too?

[troyrader]

In worse economic times for the industry, the CEO took a $1/year salary.

[flickrz]

Yeah. Takes $1/year salary but, gets options worth millions as a reward for cutting cost and showing increased profitability. It doesn't matter even if that cost cutting could lead to reduced growth rate in the long run because all what these boards care is "short term" profits. And since stock prices are directly related to profitability CEOs make millions by the end of his/her term i.e. usually 3-4 years.

[peterSK001]

https://addons.mozilla.org/en-US/firefox/addon/12683

[andyengle]

Joe Biden:

??Come see what I see everywhere I go: workers rehired, factories reopened, cops on the street, teachers in the classroom, progress toward getting our economy back on the move.??

Meanwhile, 600 Cisco employees cut. I think Biden, once the dumbest man in the Senate, needs to open his eyes.

[jessiethe3rd]

I have been through RIFs (reduction in force) as I am sure many people have. I wish anyone effected the best - it's tough out there just know you are not alone. Pick yourself up and fight back. Go to the competition and wreck havok :):)