This "analysis" isn't much of one, and makes little sense.<p>I get that the move to the cloud lessens the demand for datacenter hardware by smaller players who run datacenters for themselves. But it doesn't depress the demand for hardware on behalf of vendors who equip datacenters and operate cloud platforms and the like.<p>Therefore, I'd fully expect positions like sales and support to decline, but at the end of the day, hardware still has to get built, and performance improvements and innovations still have to happen; just that the final operator will be Amazon, Google, and Microsoft, not RandomMediumBigCorp. So what gives?
The more connected our offices are, the more equipment we need for them to ensure things work correctly. Cisco laying off folks doesn't really disturb me, it just points at how bloated Cisco is.