Cisco Systems is a technology company focusing on networking hardware, software, and services. Â Founded in 1984 by a group of computer scientists from Stanford University, the company plays a crucial role in creating internet solutions, enabling easy access to information anywhere, at any time. Since its founding, Cisco has been at the forefront of Internet Protocol (IP)-based networking technologies. Their product offerings include switching products, storage products, and next-generation network routing products that interconnect various networks for mobile, data, voice, and video applications. Currently headquartered in San Jose, California, the company is led by CEO Charles H. Robbins.
Cisco boasts a diverse workforce of 79,500 employees and generates an annual revenue of $51.6 billion. The company is known for its inclusive environment, with 32.9% female employees and 54.5% ethnic minority representation. However, political diversity is less evident as 72% of employees are members of the Democratic Party. Cisco has an impressive employee retention rate with staff members staying with the company for an average of six years. The median employee salary at Cisco is $123,536 per year, which is lower than some of its competitors like Meta, Google, and NVIDIA which offer higher pay scales. Despite this, Cisco remains an industry leader in technology and innovation.
