I worked at Cisco from 1999-2006 and 2001 was very scary. John seemed visibly shaken when he addressed the company in January 2001. The folks who didn't lose th

I worked at Cisco from 1999-2006 and 2001 was very scary. John seemed visibly shaken when he addressed the company in January 2001. The folks who didn't lose their jobs worried they would be next and many of us had most of our net worth tied up in CSCO (which declined precipitously). My team and I were laid off before the new matrix re-org, so I cannot say if it's been successful or not. But I still follow Cisco as John's public statements are a pretty good bellwether for the tech hardware industry.