Tuesday, December 09, 2008

Nobody escapes from this economy crisis!!

Its all well few months back.. everybody is happy in Cisco with good pay hikes.. but that happiness didn't last long.. (Nooo they didn't rollback the hike by the way!!) Cisco is always projected as company which can handle economy down turn with ease.. Even in 2001 Cisco managed very well and Cisco sees these economy down turn as an opportunity to come out well, where as our competitors with many in-house problems are having tough time battling them and not to say about economy slow-down..

But this time even Cisco is not spared.. Spree of cost cutting measure were taken out across all cisco location and one of them is to force the employee to take leave this christmas and new year.. Company will be shut down for around 10 days and Cisco saves considerable amount of money..

In one way it is good to take leave, but people are worried where this will lead us to...
Everybody is hoping that Cisco will come back well.. With the foresight of our senior leadership, (standard slogan in every cisco meeting!!) we will fight back well.. Hopefully!!

2 comments:

MsRulz said...

Cool.. Enjoy the hols... BTW, who are your competitors with the in-house problems?

Listen2Gopi said...

who else.. Alcatel Lucent :)