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Rumor October 1st Cisco layoff notices will be served

Additionally, the rumor has Cisco's data center SVP, David Yen, as being out.

New York City:   Thu, 8/7/14 - 4:14pm    View comments
 

Update 8/18/14 - 1:11pm:

View the internal Cisco memo on the limited restructuring along with internal recordings of John Chambers speaking to Cisco employess about the layoff
 

Where did the more than 385 (and growing) comments go?

Well, you can see them by clicking on this link, thanks.

For those who would like to see the other 27 comments (and growing) visit this link.

It appears my blogging platform has technical issues!
 

David YenCiscoRumor has October 1st as the official date Cisco employees will receive their layoff notices (one source says the layoff could exceed 20% of Cisco's workforce).

Additionally, the rumor has Cisco's data center SVP, David Yen, as being out.

According to Yen's Cisco Biography:

"He is responsible for continuing the success of the Cisco Unified Computing System and Cisco Nexus switching portfolios, and for taking Cisco's leadership in the data center to the next level."

What are the implications for Cisco given that Data Center is the only bright spot in its product portfolio?

Cisco Revenue Highlights
Source: Cisco Systems

Note to Cisco employees and media:

I'm now available to meet with interested parties in New York City.

Related stories:

View the internal Cisco memo on the limited restructuring along with internal recordings of John Chambers speaking to Cisco employess about the layoff

Rumor Blair Christie out and Karen Walker in as new Cisco Chief Marketing Officer
 


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