Cisco's Q1 Earnings Indicative of an Economic Upswing

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JohnP

 Want your profits to look good? Just layoff (that is a nice way of saying firing) a bunch of your employees. Lower costs= greater profits! Of course, those folks you fired did things to keep the company running,growing, and developing new products. So the real equation is Layoffs= short term profits= long term troubles for the company. The stockholders are happy so must be the best thing to do for the company, right?

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