Our surveys show Cisco has too many people, often takes too long to get things done and has become reactive to changing market dynamics,” Sue wrote. “Big layoffs and restructuring have become routine for the past four years. A more proactive change may kick Cisco’s underperforming stock into gear.

https://gigaom.com/2014/10/06/with-hp-and-ebay-breakups-already-underway-could-cisco-be-next/

File under “shareholders are not your friends.”