The Eye of the Storm: How John Chambers Steered Cisco Through the Technology Collapse
Last updated October 31, 2026
Robert Slater looks at Cisco Systems under chief executive John Chambers, whose networking company grew so fast in the 1990s that it briefly became the most valuable company in the world in 2000. He then describes how the technology collapse of 2001 hit Cisco, forcing a multibillion-dollar inventory write-off and thousands of layoffs, and how Chambers cut costs, kept investing and steered the company through the downturn.
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