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Cisco (CSCO) CEO John Chambers: "We are executing well on our three-year plan to drive earnings...

Cisco (CSCO) CEO John Chambers: "We are executing well on our three-year plan to drive earnings faster than revenue ... we hit our billion dollar expense reduction a quarter early." Translation (h/t ZH): "We fired a ton of people early." Operating expenses (net of amortization) were off 3.3% Q/Q. (more)
Comments (1)
  • Yoseikan
    , contributor
    Comments (2) | Send Message
     
    When he said "We fired a ton of people early." He omitted to say that they forgot to fire him first.!!!
    8 Feb 2012, 08:13 PM Reply Like
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