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Cisco is a very hierarchical company. Every time there is a shake up, most people affected are not generally bad performers but those who fall under spineless Directors/VPs. Also, Cisco generally starts hiring right away.. So, in effect nothing changes drastically. You still have long hierarchies and the drab environment. The same set of names at the top level get reassigned or regrouped and nothing major changes. I feel that it's a company going down, though it will be a very slow process (perhaps a decade more) before it becomes insignificant in the tech field. (mainly because of the money they have in the banks/overseas). It's very difficult to expect the company to transform itself unless it lets other people grow and not feed suck-ups.



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