http://www.marketwatch.com/story/cisco-shows-effects-of-trump-uncertainty-2017-05-17

watching your friends being let go is only a reminder that you are next !

Heard something big is going to happen in Oct on the collab side.

If you are over 50 at Cisco, you are the ones most likely to get laid off. They lay off mostly the 50+ that drain the health insurance, then sprinkle a few millennials so it doesn't look like ageism. The only consolation after 12- years of working... — read more 

To any Cisco-ite who is facing the dreaded 1:1...I was LR'd/RIF'd/WFR'd last August, and while I wrestled with a strange range of emotions -- anger, betrayal, relief, elation -- I will say that in hindsight it was the best thing to happen to me... — read more 

there are 1:1's schedule for the 18th in the US and many other countries. Europe and some of the countries won't get notified for a while as their are EU approvals that are necessary. This will be an odd timing for LR as it may (probably) short... — read more 

It looks like the markets are starting to realise Cisco can't turn this decline in revenues around as easily as first believed. We all knew this already though. However the elephant in the room still is this BS about transitioning to software! Are we... — read more 

I think cisco is going to screw us by not paying the Bonus this year to save money... any thoughts?

Is It closing the DataCenter business in near future? Looking into the hardware dependencies & making a shift to software only model, it looks close in the near future.

http://www.marketwatch.com/story/cisco-adds-more-layoffs-as-federal-government-spending-slows-down-2017-05-17

Do you think they'll double up this year with a Q3 and Q4 LR - as in large action? Smaller LRs have been happening all year. Wondering what the final number could be between the two quarters?

Do you know what the structure of the announced LR will be? In particular: Timing of Layoffs: When will layoffs take place? All in May? Geographies – where will the layoffs going to be concentrated geographically? US? SJ? Groups Affected – What... — read more 

Director (grade 13+ above) , immediately book a vacation and sell his/her fancy retreat to get extra income, use his/hers fancy frequent flier miles for the free vacation.. and rest on stocks/options for the next 2 years, got a stint at some other... — read more 

Text from Internal CEC page: At the beginning of FY17, we announced a workforce restructuring plan that would impact 5,500 roles based on business performance and strategic business investments. While the majority of these employees were notified... — read more 

"NGN Routing, Collaboration, Data Center, and Service Provider Video revenue decreased by 2%, 4%, 5%, and 30%, respectively." It should be clear by now what will happen to SPVSS, i.e. NDS.

your fancy iphone: designed by people in their 40s your fancy Tesla: designed by people in their 50s your fancy Intel CPUs that power your computers: designed by people in their 40s your fancy C++/python languages: designed by people in their mid 30s... — read more 

https://twitter.com/TheLayoff/status/864940474322178048

From the earnings release, footnote to the GAAP to non-GAAP business outlook at the end of the release. Sounds like an additional 1100 people getting the axe: "(1) In August 2016, we announced a restructuring plan in order to reinvest in our key... — read more 

http://investor.cisco.com/investor-relations/news-and-events/news/news-details/2017/Cisco-Reports-Third-Quarter-Earnings/default.aspx 05/17/2017 SAN JOSE, CA -- (Marketwired) -- 05/17/17 -- Cisco (NASDAQ: CSCO) Q3 Revenue: $11.9 billion -- Decrease... — read more 

Diversions from the truth are tactics used for centuries. The truth Cisco has become a We Do Not Owe You Anything company and Cisco will do anything to keep the wallets fat of those on the top even if it means laying off good people that devoted... — read more 

Having a ring side view into this season's LR circus, I believe it is just a miracle that the co has customers and there's even a score to measure their satisfaction. Somebody draws a list, some other decides. There's no thought given to talent... — read more 

Taking the short-term view can sacrifice the long-term. Replacing older, more expensive workers is great in the short-term. But hiring younger, less experienced workers who don't have the internal corporate "tribal knowledge" on how to get things... — read more 

I had a recruiter contact me saying that the Spark team was hiring. I wasn't too thrilled with the idea of going back to Cisco, but work is work and there's not a lot of other jobs in town for my skill set and not moving is always a plus so I sent in... — read more 

Any information about impact on DCG (UCS especially )? San Jose and India?

I heard that 8% is an overall cost reduction. That does not mean shedding 8% of staff or indeed 8% of staff costs. Its down to the managers to determine how they make those cuts. For example it could be renegotiating costs with a supplier, reducing... — read more 

If one stays long enough, the law of averages will invoke. It's natural in a way, every industry and companies, like life in general, has issues. Stick to your core competencies that you demonstrated to get hired in the first place, and don't forget... — read more 

Do you think that we'll have massive cuts here at DTG (Digital Technology Group, mainly IoT/Vertical focused). People are anxious and nobody knows what the plan is and how many people (and when) will be affected - for now, there is silence and nobody... — read more 

The official thread. Post things here.

There is life after Cisco. I practically grew up at Cisco, job right after college for 15+ years. I don't know anything outside of Cisco. So I was vert scared when I got the ping slip last Aug/Sep... but i managed to get an offer within a 2 weeks... — read more 

Will be interesting for all if we can post the locations and BUs affected as they happen. S---s for everyone I know, but be interesting to see the targets.

There is a scene in the old movie Jaws in which Richard Dreyfuss says something along the lines of "The shark is an evolutionary wonder-an eating machine. All it does is swim, eat, and make baby sharks." Corporations are like sharks, all they do is... — read more 

Here is a quick not on Spark, so not layoff related... Heard they will give Spark another 2 Qs. They are desperate to see if it will gain traction. RT probably knows that the clunky thing can be easily displaced by a $75 white board & a camera phone... — read more 

https://www.facebook.com/TheLayoff/posts/1329406853822434

Is it true about a massive hit on margins in SPPA? Rumour of significant declining margins due to high expense in Cloud operations, but after earnings call will tell all. Looks like SPPA org VOD and calls have been booked and set up for day after the... — read more 

not there, but many companies are out there. Good luck to us all

Ha ha, see how this works here? Come here for the entertainment, not actual facts. Only you can tell for certain if your job is in danger, and you might not see it coming anyways. Always have a Plan B in place no matter where you work.