Cisco And HP At Odds Over Catalyst 6500
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It appears that HP is calling Cisco out on its advertisement that it’s new improved Catalyst 6500 switch is better than anything HP has to offer. As many IT professionals already know Cisco finally introduced the long-awaited upgrade to the very popular Catalyst 6500. The new Catalyst it equipped with Cisco’s Supervisor Engine 2T, a 2-terabit card which can manage 80 Gbps and triples the 6500′s throughput from 720 Gbps to 2Tbps and quadruples the number of devices that can connect to the network. These stats are based on literature from Cisco’s point of view. Cisco also states that an upgrade to Supervisor 2T on existing Catalyst switches would cost customers around $38,000. However, Cisco is saying if you went the same upgrade path with a comparable HP switch architecture; it would cost the customer more than $100,000 and would only give the customer 720 Gbps of throughput.
Cisco To Cut Thousands Of Jobs
Word the street is that router giant Cisco is about to cut 14 percent of it’s worldwide workforce which is thought to be around ten thousand people.
The reports are saying that seven thousand people will be given pink slips by the end of August; and the other three thousand unfortunate souls will take an early retirement option.
It seems as though many companies go this route when the executive team does not adjust to the changing technology market; they try to boost profits in the short-term by firing those who have worked so hard for the company. That said, the massive cuts are expected to save Cisco about $1 billion in 2012. A company spokesperson told Bloomberg that additional cost cutting procedures will also be instituted.