Cisco: Looking Back, Looking Ahead - A look back at Cisco during 2002, and ahead into 2003
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Description: The most positive thing that I can say about 2002 is that I am glad it is over. While I cannot complain about the past year, too many people I know were unemployed or just barely getting by. The IT industry did not have its best year. Layoffs in the IT sector reached somewhere around 1 million, and IT budgets were way down. Cisco has had a relatively good year all things considered. It held on to its market share in core technologies and built up business in new sectors, laying the groundwork for diversification.