L’analyse financière de Cisco Systems

The computer network industry was undergoing an economic slowdown of 4% in 2002/2003, after two years of sustained growth with two figures. Moreover, many computer network suppliers outsource their production to reduce their cost. As a consequence there were mass redundancies within Alcatel, cisco and particularly in Lucent Technologies which divided its workforce by two in three years (50000 redundancies). In that way, new mergers and joint ventures are forecasted in this saturated market with telecommunication manufacturers even if it still has technological doubts