Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

Stock down 4.1% on opening.

Time to sell guys. This time next year you'll be lucky if it's worth $25 a share after 11 quarters of decline. Unless you reckon they will turn it around. Haha

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| 2180 views | | 6 replies (last August 19, 2017)
Post ID: @OP+OO6PeLH

Collab business down again.

Collaboration fell another 3%. How much longer can this last before? I can understand why routers and switching are falling but Collab appears to be a leadership issue and backing the wrong products. Spark board anybody?

Viptela

I'm one of the Viptela members acquired by CSCO. It does not look good here at CSCO. Looking to jump ship as soon as my bonus from Viptela is paid at the end of September.

Cisco's Security Business Did Not Deliver

Cisco's quarterly revenue in its closely-watched security business missed analysts' estimates, raising concerns about the world's largest networking gear maker's efforts to transform into a software-focused company. The company's shares fell about... — read more 

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| 2280 views | | 4 replies (last August 18, 2017)
Post ID: @OP+OOonIHM

7 Quarters of decline

That's 7! One more and it will amount to 2 years of continual decline. Switching and routing fell by 9%! Next quarter that figure will hit double digits! Let's face the facts guys, Cisco is going through a slow and painful death. The only way profits... — read more 

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| 2300 views | | 6 replies (last August 21, 2017)
Post ID: @OP+OOg64VJ

No LR = no package

Welcome to the new world. The Teamspace world. Everyone checked-in yet on TS? You better be. We started new era - era of no big and loud LRs, but small, silent, package-less terminations, justified by the meaningless statements like "doesn't fit the... — read more 

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| 2830 views | | 4 replies (last August 18, 2017)
Post ID: @OP+OO0Gjpu

Interesting footnote . . .

A footnote to the table "GAAP TO NON-GAAP BUSINESS OUTLOOK FOR Q1 FY 2018": "In August 2016, we began taking action under a restructuring plan in order to reinvest in our key priority areas in which up to 6,600 employees would be impacted, with... — read more 

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| 3670 views | | 6 replies (last August 21, 2017)
Post ID: @OP+OOEKGlw

Why no LR announced?

Despite weaker results and cut in bonuses, why no LR announcement?

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| 3320 views | | 4 replies (last August 17, 2017)
Post ID: @OP+OOhX53z

12 Fundamental Observations About Cisco Today

There is no long term strategy. Sometimes there is some vague long-term vision. e.g., we're going to be a SW company. But changing that to a strategy is anathema. Leaders are afraid to lead. Even most first line managers are afraid to make a... — read more 

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| 2790 views | | 6 replies (last August 18, 2017)
Post ID: @OP+ONMxqjM

EoY Bonus Canceled

My manager told me that she isn't giving out a bonus and she couldn't talk about it. Has anyone heard otherwise?

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| 2810 views | | 5 replies (last August 18, 2017)
Post ID: @OP+ONWg8Oy

3 posts just got axed

Anyone know why the topics about upcoming layoffs and no bonuses were deleted?

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| 2320 views | | 7 replies (last August 17, 2017)
Post ID: @OP+ON0wMCs

2000 people already received notices

2000 people are already culled silently and more to follow after Quarterly results. Its a bloodbath in waiting. Keep your resumes ready.

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| 5640 views | | 3 replies (last August 16, 2017)
Post ID: @OP+ONFGQeA

Questions for Analyst

If any analysts are reading this and will be submitting questions for today's call, here are some insider questions to ask. Software annuity. Q. What percentage of your customers that have bought you're software model, realise this is what they've... — read more 

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| 2220 views | | 3 replies (last August 16, 2017)
Post ID: @OP+ONamlxv

Two sides

I work for an unsexy BU. We have slightly declining revenues, but on a high level. Development is in full swing and I feel save. The longer I stay the more obsolete my resume will look. Anyone interested in a C coder? On the opposite, there are a lot... — read more 

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| 2720 views | | 6 replies (last August 16, 2017)
Post ID: @OP+ONpI9YE

IVP

IVP is not a good product... My opinion: IVP is a bloated lift and shift mess. It could still become a good product, but it would require architects that actually understand cloud component development, a complete change in culture, and a lot less... — read more 

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| 2021 views | | 2 replies (last August 16, 2017)
Post ID: @OP+OM0HM3P

How will Cisco do?

Here's hoping that 16th brings good news. With all the layoffs rumors, it would be nice to get some good news and be able to relax at least a little bit. Not that I thing good results will mean no layoffs, I am just hoping they will either reduce or... — read more 

Silent layoffs have started

It's just sad. Can confirm silent layoffs are going on in SJC from my viewpoint. Red badges are now almost entirely gone from the group and there's only a little over a handful of blue badges remaining. We were overflowing our floor a little over a... — read more 

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| 4630 views | | 8 replies (last August 17, 2017)
Post ID: @OP+OLpjEGy

Don't cry

A massive cut is planned starting after the Earnings Release call on 8/16/2017. According to multiple anonymous sources, all departments and functions will be impacted. Upper and middle management will be whacked as is the individual foot soldiers... — read more 

UK

When will the list come out this time?

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| 1494 views | | 3 replies (last August 14, 2017)
Post ID: @OP+OLG8qpz

What the ...?

!/usr/bin/environment downhill try { if { UPPER_MANAGEMENT == NO_CLUE; largePercentEmployees == H1B_workers } then { ManagersConcern < customerCareAndProfessionalism; } else { gettingMoreKickbackFromRecruiters(); catch { void... — read more 

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| 2060 views | | 5 replies (last August 16, 2017)
Post ID: @OP+OKz6rsf

LRs instead of PIPs

Cisco used to look towards improving employees that were under performing. Now it's easier to just lay them off rather than put them on PIP. Ever notice that VPs aren't LRd or PIPd? They're just moved to a new group and they get to keep their $300k+... — read more 

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| 1761 views | | 1 reply (August 14, 2017)
Post ID: @OP+OK6xY0g

Cisco will report Q4 results less than 10 Billion USD

Usually Cisco quarterly revenue hovers around 12 Billion USD but last few quarters has lost lot of market shares to rivals means we have going to generate less revenue. Talk in the street is Cisco will generate Revenue less than 10 Billion USD means... — read more 

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| 3050 views | | 8 replies (last August 14, 2017)
Post ID: @OP+OJu5VAQ

How does grade changes work?

Is it solely upon my immediate manager to decide? Or does it involve director? other managers under my director? Do salary hikes follow same process like grades?

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| 1490 views | | 3 replies (last August 12, 2017)
Post ID: @OP+OJ60Ko7

The burutal truth

Some products are not selling. Other products become obsolete after some time. New products come to being. They require new techniques and different skill sets. A company trying to survive in the IT world needs to lay off teams and re-invent itself... — read more 

All layoffs will henceforth cease until later this year.

Fact is, there will be zero redundancies as that would create undo stress for those impacted and those left behind. At present, The Cisco Response Appropriately & Passionately team (aka CRAP, a cross-functional team spanning HR, Workplace Resources... — read more 

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| 3040 views | | 6 replies (last August 11, 2017)
Post ID: @OP+OHIl4yN

D-Day 16th August.

I hope everyone has a backup plan in place. Layoffs will be announced on 16th August on the earnings call. 7k is the rumour.

Historical Year End Bonus percentages.

There's a lot of talk here about getting "zero bonus" this year. Does anyone have a list of say the last 5 years of the year end bonus that was paid out?

Its official, my whole team is LRed.

Hey Guys After 16 years of below average career in Cisco, today VP informed in meeting that whole team is getting LR ed. Worked mostly in Telecom domain for all these years, I am out of Job staring at Mortgage, Kids and myself in mirror. I did all... — read more 

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| 5360 views | | 14 replies (last August 9, 2017)
Post ID: @OP+OFIrG3y

Building remodeling?

Anybody know why Cisco spent millions on remodeling the buildings yet forgot to remodel the restrooms?

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