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Former Cisco board director slams Cisco CEO John Chambers for outsourcing jobs overseas
Thu, 10/28/10 - 2:11pm    View comments

Cisco CEO John Chambers has been seeking an -85% tax reduction as a reward for Cisco's success at outsourcing its U.S. based jobs overseas.

Revealingly this week, former Cisco board director and current U.S. Senate candidate, Carly Fiorina, slammed Cisco CEO John Chambers for outsourcing Cisco's jobs overseas in her new campaign video below. Keep in mind that Fiorina was elected to Cisco's board of directors on January 9, 2001 and served on Cisco's board until November 11, 2003.

At the time of Fiorina's election to serve on Cisco's board of directors, Cisco CEO John Chambers gushed enthusiastically:

"Carly is one of America's dynamic new business leaders.

"During the last year and a half she has spearheaded a major transformation at HP and is establishing a new leadership model for big companies.

"Her background and experience in managing large corporate environments will be extremely valuable as Cisco continues to grow."

View the video below made by former Cisco board director Carly Fiorina that slams Cisco CEO John Chambers for his success at outsourcing jobs overseas:

Related stories:

Why Cisco's Board of Directors should be replaced

Cisco's 8.8% effective tax rate appears to be forcing it to move jobs and investments overseas

Did Cisco fail to create new jobs for the tax breaks it received?

Cisco quietly downsizing through outsourcing

Cisco caught in maelstrom over fake job ads to hire H-1B visa holders

Cisco pays an average salary of $112K to its H-1B visa workers

Is Cisco short of cash in the U.S.?

John Chambers appears to lack a true conviction that Cisco's stock price will appreciate in value
 

What's your take on a former Cisco board director slamming Cisco CEO John Chambers on his success at outsourcing jobs overseas?

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