Almost bought cisco shares today, glad I didn't.
A workplace that values job security is such a motivating factor for employees that I don't think is recognized enough. At a company that conducts layoffs, it feels like you're just waiting for the next one.
They buy a lot of companies then restructure them and that causes these layoffs. I think it’s just normal way of doing business for them. And the stock is up 20% after hours =)
If you had, your investment would be up 20% now. https://www.nasdaq.com/market-activity/stocks/csco