Cisco To Shut Down For 4 Days At Year End

Re:Cisco To Shut Down For 4 Days At Year End by corentin on Tuesday November 25, 2008 @03:22PM (#376735)

If what you say is true, this measure doesn't seem to make any sense.

If their employees cost more than what they produce every day, doing nothing for 4 days is similar to closing your eyes and wishing the problem away.

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Re:Cisco To Shut Down For 4 Days At Year End by arockwell on Tuesday November 25, 2008 @05:01PM (#376873)

I think that's a little bit of an oversimplification. Their two basic options are a shutdown or layoffs. I'm guessing they are doing the shutdown and hopes that sales rebound and they can avoid a round of layoffs. There is a cost to laying off people as well.

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Re:Cisco To Shut Down For 4 Days At Year End by tptacek on Tuesday November 25, 2008 @03:26PM (#376744)

If they're losing money every day, closing down for 4 days makes sense.

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Re:Cisco To Shut Down For 4 Days At Year End by corentin on Tuesday November 25, 2008 @04:35PM (#376845)

Yes, as much as closing down for the whole year.

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Re:Cisco To Shut Down For 4 Days At Year End by tptacek on Tuesday November 25, 2008 @04:52PM (#376861)

While that's an oversimplification to be sure, what you just described is also known as "returning the money to the stockholders".

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