Power Struggle At Cisco – Dumped R&D Team Quits
Just one week after announcing that three members of Cisco Systems’ legendary four-person R&D team had been reassigned, CEO Chuck Robbins, pictured, has announced that they’ve all resigned instead.
Mario Mazzola, Prem Jain, Luca Cafiero and Soni Jiandani are now leaving the company, amid what appears to be an unsuccessful power struggle – though the details remain shrouded.
The executives’ decision to resign “is based on a disconnect regarding roles, responsibilities and charter that came to light immediately after the announcement,” Robbins’ memo said.
The quartet had been put in place by Robbins’s predecessor, John Chambers, to fund start-ups that would build new networking products, only to be bought out a few years later.