Cisco To Shut Down For 4 Days At Year End

Re:Cisco To Shut Down For 4 Days At Year End by giardini on Tuesday November 25, 2008 @05:14PM (#376894)

Cisco has _always_ virtually shut down between Christmas and New Years IIRC. People always take time off during the holidays: it isn't worthwhile to keep the whole business running. It's always been their unofficial policy, if not official to do so.

IMHO this is a silly attempt to cause panic.

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Re:Cisco To Shut Down For 4 Days At Year End by skmurphy on Tuesday November 25, 2008 @07:51PM (#377073)

This is of a piece with the WebGuild's recent "Google layoffs may affect 10,000." Hyping negative news. Cisco had shutdowns over the holidays for years. The cost savings come from reducing deferred vacation pay (most people will take vacation days to avoid going without pay) and cutting expenses related to keeping buildings open. It also sends a message to employees to become more cost conscious.

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