Dive Brief:
- Cisco Systems new CEO Chuck Robbins on Monday announced that he is reorganizing the company's 25,000-employee engineering unit.
- Cisco will realign engineers to areas where Robbins sees Cisco's greatest future opportunities: applications and the Internet of Things (IoT), cloud services and platforms, security and networking.
- Cisco is primarily shuffling current execs around and to date there was no mention of layoffs.
Dive Insight:
As an older tech company, Cisco has tried to adapt and refresh its capabilities, planning for what it thinks will be the future of technology. To do so, the company has had to change its product and business strategies, which includes purchasing other companies to grow its service offerings.
Cisco’s huge engineering unit was reshuffled just two years ago under former CEO John Chambers.
The networking engineers will be led by Pankaj Patel, though he has announced he plans to leave the company by the end of 2016. Security will continue to be led by David Goeckler, and Rowan Trollope will continue to lead the applications and IoT unit. The new cloud services and platforms unit will be led by Zorawar "Biri" Singh, a new hire that Robbins brought aboard.
The leaders of all four areas will report to Robbins.
