#CSCO to elimnate 10,000 jobs

John Chambers is partying like its two thousand and one.... that was the last really really big layoff.

http://www.reuters.com/article/2011/07/12/cisco-jobs-idUSL3E7IC05120110712

For being touted..or is it self-touted as a great leader... why does this keep happening?  I'll tell you.
The problem is all John.  It's John's ego that has the best of him, the best of those 10,000 employees, and the best of two many stock investors that wrongly listened to John.  No wonder Cisco is now a corporate villian.

For over the last decade, CSCO has enjoyed 70+% margins.  But..if you were a stock investor, you lost money.
John runs the company not for the stock holders..but for his own ego.

Time to go John.