Cisco is not a happy place to be these days. Last week, when Cisco announced they would be cutting as many as 11,500 employees, or 15% of their 73,408-strong workforce, I was reminded of the earlier step they took last quarter, when Cisco announced it would shut down and discontinued Flip, pink-slipping 550 employees. You might recall that Cisco acquired Pure Digital, the manufacturer of the popular Flip digital camcorder, for $590 million back in 2009. Even then many observed this was not a great fit. Continue reading Did competition kill Flip or Cisco fumbled?
Tag Archives: Cisco
CES 2011 Wrap-up
It’s quite a challenge to add to the plethora of CES 2011 blogs. This post puts together some of my key observations. I didn’t touch on everything I saw and might have even missed key insights, so it’s not “the definitive” guide to anything CES. The show is huge and there were over 140,000 people there, so it wasn’t easy to catch all the action. But I did see a lot, and gain some insight along the way: