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Cisco,

(105185)
   AHMAD HASSAN®
Wednesday, August 17, 2016 04:11 PM 
Reply: >
Cisco to sack 14000 employees. This is the situation of global market.
kisco replied on Wednesday, August 17, 2016 04:39 PM 

chal koi na, haoo,,,, maaf kar deo su
AHMAD HASSAN® replied on Wednesday, August 17, 2016 05:15 PM 

@ kisco, problem is that any message, word, text or image you transfer over Internet, must go through a Cisco box. کیسے معاف کر دیں۔ Closly watch global impact on Pakistan. No idea how many will be from Pakistan & all Pakistanies working & living abroad are potential buyers of property in Pakistan.
AhmetKildir® replied on Wednesday, August 17, 2016 05:42 PM 

This isn't big news. Every day someone is hiring and someone is firing. CISCO firing and Healthcare and civil engineering hiring at all time high.
Arif M® replied on Wednesday, August 17, 2016 07:22 PM 

Overall world is moving towards recession phase. Those work in corporate sector can easily sense it. All these corporations design their HR policies (hirings, increments, lay-offs) according to economic conditions. It is not about pakistan but corporations all around world are sensing recession. It might not affect Pakistan as bad but it is certainly good to know about global economical conditions.
HassanHC® replied on Wednesday, August 17, 2016 08:30 PM 

Sir jee these are newspaper clippings. Apple Google Tesla Facebook are hiring and some are firing. This will go round the year.

On the side Property in US is booming so ppl have money.
SaeedUSA® replied on Thursday, August 18, 2016 12:26 AM 

Cisco is laying off because they got stuck in server
Business which is slowing down because of clouding technology.
All their people are moving to vmware company. They are hiring
Them right and left.
AHMAD HASSAN® replied on Thursday, August 18, 2016 12:32 AM 

Earlier Microsoft layoff 33k, HP 18k & Intel 12K, no one took it serious. This is not due to recession, a major technogy shift is going on. Somehow it is recession due jobs cut. These nos aren't small as this is transfering from principals to partners (including partners & employees belong to Pakistan or in Pakistan). As oil sector in pressure, all related to hardware will be disturbed now as companies are moving towards software centric solutions. There are business & carriers oppertunity too. Need to catch instead of become one of looser.
SaeedUSA® replied on Thursday, August 18, 2016 12:43 AM 

Mr Hassan hit the nail. Next 50 years are all about software
And our politicians/govt is not focusing on that side.india
Is the number one benefit of that.
HHH replied on Thursday, August 18, 2016 03:42 AM 

Cloud technology doesn't need servers?
Arif M® replied on Thursday, August 18, 2016 05:10 AM 

@HHH It does. but the point is the quantities required in future will be far less as compared to past. As the world moves to cloud technology the end users of hardware will be fewer as compared to past. Just look how Amazon and Google cloud services have changed the whole dynamics. Companies see lot more profit in software/cloud based services as compared to hardware. Just my 2 cents.
Nabeel® replied on Thursday, August 18, 2016 05:32 AM 

While global markets are down, these things are cyclical in nature for most countries.

The Middle East and the oil crisis however is a different matter. A new paradigm shift has happened due to the oil and the days of overflowing coffers are gone. First-movers (& agile) places like Dubai have quickly moved to balance their books by introducing new charges and fees on a regular basis. UAE in general will be able to have a self-funded economy in a few years.

Countries like Saudi, who were caught napping, & are too bureaucratic are in deep sh#t
Mansoor replied on Thursday, August 18, 2016 09:47 AM 

@HHH !! Mainly, cloud technology does not require onsite servers. As for example, on-premisis exchange to move in Office 365 cloud. File server is converted with online file server. Cisco firewall is exchanged with cisco meraki cloud managed security. To cap it all, we are moving towards cloud computing and virtualization. A single person may work alone now which was earlier require a full dedicated team.
alpha replied on Monday, August 22, 2016 06:42 PM 

bigger threat to lahore real estate is Uber self driving cars and self drive trucks - cab / truck driver bradari in US will be out of job

cisco is a dinosaur of the past
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