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I think this is incorrect. For big tech companies any money in the bank are lost money. The rule is "keep your money low". The best thing a company can do is to
by vladimirralev 13y ago
I think this is incorrect. For big tech companies any money in the bank are lost money. The rule is "keep your money low". The best thing a company can do is to constantly create new projects with higher risk and assign their employees there. You only have to really cut employees when you run out of ideas or the risks are too high for some reason.
- woodchuck64 13y agoThat seems exactly right to me. Cisco seems weirdly pessimistic and conservative, like grandpa stockpiling money and guns 'cause he's sure the gummint is coming for him.
- Negitivefrags 13y agoHow about returning some money to the investors?
- mseebach 13y agoMoney in the bank isn't working and due to inflation is slowly just disappearing - so that is clearly undesirable. But it doesn't follow that it's a good idea to just spend them on anything, you need to spend them on something with a chance of giving you a return. If you have a division that isn't giving you a return, and you don't see a way of changing that, keeping it around is just a way of making your money disappear faster - which is also clearly undesirable.