Cisco Systems emerged from 150 days of restructuring after posting disappointing financial results. Chairman and CEO John Chambers says he agreed to stay on at the request of Cisco’s board. He said the company had lost its way and become inefficient in some areas. Cisco also attacked Juniper several times during the conference, just a few days after it rolled out a video ad ridicules Juniper for delayed product introductions. Executives laid out some more details on Tuesday at Cisco’s annual financial analyst conference in San Jose, California.”]
Source: https://www.csoonline.com/article/2128466/cisco-comes-out-swinging-after-cutbacks.html