Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

Will LRs Accelerate?

As reported in WSJ yesterday, the economy is headed for a major recession followed by stagflation. Will LRs accelerate as these economic events unfold or will they stay the same?

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| 1090 views | | 8 replies (last October 12, 2024)
Post ID: @OP+1uXFiykx

Cisco Layoffs Q2 FY25

Cisco Currently has 90,000 employees. Chuck is exiting Cisco and Gary Steele (former Splunk CEO) has been tasked with reducing Cisco's headcount by 50%. 2024 Y/Y Revenue was -10% The disastrous Q1 FY25 Layoff fiasco cost Cisco an entire quarter of... — read more 

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| 3410 views | | 17 replies (last October 19, 2024)
Post ID: @OP+1uWjqA7e

PTO Payout

Does anyone know when the unused PTO is paid? I don’t see it in today paystub.

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| 1170 views | | 5 replies (last October 14, 2024)
Post ID: @OP+1uWPdn2C

UK Layoffs

Heads to be chopped to be announced in another 2 weeks time. Consensus is around 15% of local blue badges. All the best to everyone.

Industry wide LRs expected through end of year

𝘛𝘩𝘶𝘳𝘴𝘥𝘢𝘺’𝘴 𝘤𝘰𝘯𝘴𝘶𝘮𝘦𝘳-𝘱𝘳𝘪𝘤𝘦 𝘪𝘯𝘥𝘦𝘹 𝘴𝘩𝘰𝘸𝘦𝘥 𝘱𝘳𝘪𝘤𝘦𝘴 𝘳𝘰𝘴𝘦 2.4% 𝘪𝘯 𝘵𝘩𝘦 12 𝘮𝘰𝘯𝘵𝘩𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘚𝘦𝘱𝘵𝘦𝘮𝘣𝘦𝘳, 𝘳𝘶𝘯𝘯𝘪𝘯𝘨 𝘩𝘰𝘵𝘵𝘦𝘳 𝘵𝘩𝘢𝘯 𝘦𝘹𝘱𝘦𝘤𝘵𝘢𝘵𝘪𝘰𝘯𝘴. 𝘈𝘯𝘯𝘶𝘢𝘭 𝘤𝘰𝘳𝘦 𝘪𝘯𝘧𝘭𝘢𝘵𝘪𝘰𝘯 𝘢𝘭𝘴𝘰 𝘰𝘷𝘦𝘳𝘴𝘩𝘰𝘵 𝘧𝘰𝘳𝘦𝘤𝘢𝘴𝘵𝘴, 𝘸𝘪𝘵𝘩 𝘱𝘳𝘪𝘤𝘦𝘴 𝘦𝘹𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘷𝘰𝘭𝘢𝘵𝘪𝘭𝘦 𝘧𝘰𝘰𝘥 𝘢𝘯𝘥 𝘦𝘯𝘦𝘳𝘨𝘺 𝘶𝘱 3.3%. 𝘈 𝘴𝘦𝘱𝘢𝘳𝘢𝘵𝘦 𝘳𝘦𝘱𝘰𝘳𝘵... — read more 

Insight into the coming storm

Copied from Splunk - URL below Top talent started walking out the door when Gary started. A trickle has turned into a flood as he's continued to worsen employee experience for the benefit of shareholders (not to mention lie repeatedly - redundancy... — read more 

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| 1740 views | | 7 replies (last October 11, 2024)
Post ID: @OP+1uVof9GI

Cisco and Mental Health

Today is world's mental health day. Cisco is certainly one of the worst companies when it comes to mental health.

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| 710 views | | 7 replies (last October 13, 2024)
Post ID: @OP+1uVmh6b7

The Future of Cisco

Cisco is a pretty good job. Cisco is a huge company with hundreds of products, dozens of organizations and tens of thousands employees. For Job satisfaction, the devil is in the details. If you have a good team, a good manager and a good... — read more 

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| 2530 views | | 17 replies (last October 11, 2024)
Post ID: @OP+1uVYQRbN

Apple to pay $25M for allegations of discriminating against U.S. citizens and greencard holders in their hiring process

Justice Department Secures $25 Million Landmark Agreement with Apple to Resolve Employment Discrimination Allegations Based on Citizenship Status Under the agreement, Apple is required to pay up to $25 million in backpay and civil penalties, the... — read more 

Really?

Whenever I need a good laugh, I come to this forum. If you’ve been laid off, I’m sorry, but what makes you think you were top talent? And thanks for the market analysis from those who worked in Sales or CX — with “knowledge” like that, you should... — read more 

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| 1310 views | | 7 replies (last October 11, 2024)
Post ID: @OP+1uUOmWDQ

Bad move

I'll never understand why Cisco was so willing to let go of some of the company's top talent. I understand wanting to save money, but the institutional knowledge we lost with them being kicked out is going to cost us much, much more in the long run... — read more 

Now that CR is retiring

Who will be our next CEO? It was supposed to be GS since he sliced and diced Splunk and got us to pay far too much for it. But now that he’s in Cisco it’s clear he’s just kind of a doof. Maybe Fran?

Finance what's going on?

All these all hands getting scheduled right before the cisco beat. Is Scott doing a 5 day RTO? Announcing a finance only second reorg?

Don't leave your 401(k) behind!

My heart goes out to those recently laid off, or now looking for a transition due to the scare. We've all been there before, keep your head up the best new home for you is out there. I wanted to mention something that often gets overlooked during... — read more 

Internal Reqs

Looking at internal reqs and immediately rejected. Are LR’d folks immediately flagged as do NOT rehire?

Return of devices after termination

Question to those who have quit on their own, do purchased devices have to be returned (laptop and cell phone is clear) but what about internally purchased monitor, headphones, etc.?

Stress, Layoffs, and Cisco

If you are stressed out, and feeling like you have some type of mid-life or mental health issue during your tenure at Cisco; it is not you. It is the system. If you are feeling ongoingly terrible, can't sleep, are irritable to your family, and... — read more 

Too much layoff and crazy workload

Cisco laid off so many support team and now our field sales workload is like crazy. Why they don't let go some useless directors who literally can create 10 head count for these useful people?

anyone know what is going on with "hype shield"

https://www.linkedin.com/posts/jeetupatel_every-so-often-if-luck-is-on-your-side-you-activity-7192936026279931904-HiDf?utm_source=share&utm_medium=member_desktop the greatest invention since slice bread?

Friendly advice from former Cisco employee

Keep your skills updated. Find the time to do it. After being laid off by Cisco, I struggled to land a similar role. I didn't realize how outdated my skills were until I started interviewing. At Cisco, I was in a centralized organization with... — read more 

RSUs and salary raises

Everyone I'm close to got a lower IPF this time. It's save to assume that less money was available for bonuses (and that despite a super low CPF). I hope managers will get the usual amount of RSUs for distribution among team members. Same with... — read more 

LR - No EOY Bonus, No IPF, No explanation

I’ve only been on board 10 months as a G11 and was not read-in on anything to do with an IPF or how it works. Mgr discussed me getting the 61% at the end of the year when I wasn’t eligible for the 25% but NEVER mentions I wasn’t getting an EOY bonus... — read more 

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