http://www.reuters.com/article/2011/05/12/us-cisco-idUSTRE74A78K20110512
Quote:
Wall Street analysts, who were disappointed with the low revenue forecast that Cisco gave for the current quarter and the coming fiscal year, said they were pleased to see Cisco taking quick and decisive action on restructuring.
"It's hard to criticize the pace and scope," said Colin Gillis, an analyst with BGC Partners. "We all love the billion dollars in cost savings, but you never cheer people losing their jobs.”
—————————
And they say Wall St doesn’t have a heart.
—ravi