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Cisco has _always_ virtually shut down between Christmas and New Years IIRC. People always take time off during the holidays: it isn't worthwhile to keep the wh
by giardini 18y ago
Cisco has _always_ virtually shut down between Christmas and New Years IIRC. People always take time off during the holidays: it isn't worthwhile to keep the whole business running. It's always been their unofficial policy, if not official to do so.
IMHO this is a silly attempt to cause panic.
- skmurphy 18y agoThis is of a piece with the WebGuild's recent "Google layoffs may affect 10,000." Hyping negative news. Cisco had shutdowns over the holidays for years. The cost savings come from reducing deferred vacation pay (most people will take vacation days to avoid going without pay) and cutting expenses related to keeping buildings open. It also sends a message to employees to become more cost conscious.