First there were rumors of Cisco layoffs, and now we’re hearing that Avaya, purveyor of VoIP systems for enterprise customers, might be shedding staff, or about to announce cuts, just before the festive season. Ho, bloody ho!If true, these reports would indicate that enterprise buyers, particularly in the financial-services and retail markets, are slashing IT budgets and sharing their pain with vendors of IT products and services. These reports, if confirmed, also could be portents of revenue and earnings shortfalls this quarter and next for a number of technology bellwethers.
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Brad’s Tweets
- @mfratto >> Probably didn’t want you to forget about it. 8 hours ago
- Cisco expands operations in Israel, and CEO John Chambers says company will continue to invest mostly outside U.S. lightreading.com/edge-routers/c… 8 hours ago
- @tech_gumshoe @JuanLage >> Yes, what it can do is one thing; what OEMs (not ODMs) want is another matter. 8 hours ago
- @colinmcnamara >> That’s disturbing. I hope it got there before you arrived. 9 hours ago
- RT @abenik: Couldn't be more excited to be working with @CumulusNetworks. Some thoughts from @BatteryVentures blog wp.me/p1QzFG-3c 9 hours ago
- RT @scott_lowe: Hmm...this is interesting. Opens up some possibilities, I think. pistoncloud.com/press-releases… /cc @CumulusNetworks @Piston 9 hours ago
- @JuanLage >> I really dislike the melodramatic “killer” term, but there are likely ramifications for both Arista and Cisco. 9 hours ago
Brad, you are slipping. You mean to say “hearing” but have written “hiring” which is an amusing (pink)slip in this context.
Yes, thanks for catching that one. I need to add to my staff of copy editors.