Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

Do stocks vest during noticed period?

I got an AI security (cloud, b2b) job with a competitor (that actually does AI). They want me to start as soon as possible. I'm holding out until the November RSU's clear, and the background check at my new job clears so that there are zero... — read more 

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| 980 views | | 4 replies (last September 30, 2024)
Post ID: @OP+1uKl3HSt

This is Cisco

https://www.businessinsider.com/mark-zuckerberg-technical-skills-important-leadership-management-2024-9 I am trying to think of the top most leader with any tech background? CR, LC, FK, JP, MP, etc. some SW a little bit, but who am I missing??

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| 1380 views | | 9 replies (last October 1, 2024)
Post ID: @OP+1uKlU8JC

Fran's video on Linked in

Talking about AI???? and referring to United Nations General Assembly in NYC. BTW, why is she trying to be so cute when she is talking? Why making her voice so ... you know what! She should focus on leading HR rather than showing off on behalf of... — read more 

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| 2180 views | | 22 replies (last September 30, 2024)
Post ID: @OP+1uJkfavN

Work Transition

For folks impacted by LR? Is there a standard process for work transition? Is the expectation to do it once? I keep getting several messages literally everyday with questions on how to do basic stuff . This is after shadowing me for months before... — read more 

Cisco UK Update?

Any update on this? Saw the emails from SW. I was on maternity leave and deliberately stayed away from the stress filled flow of news. Really sorry for everyone who got affected. Is there any indicator that anyone is aware of regarding target BUs... — read more 

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| 1430 views | | 7 replies (last September 30, 2024)
Post ID: @OP+1uJtBCjI

PTO balance credit and ESPP contribution

For employees impacted by the LR, when will the credit for unused PTo show up in Pay stubs? Is ESPP contribution amount returned along with severance amount ?

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| 1280 views | | 5 replies (last September 28, 2024)
Post ID: @OP+1uJyhQUt

Nepotism – How managers bring their children into Cisco

It’s quite astonishing to see how managers at Cisco – primarily from Senior Director level and up – effortlessly secure full-time positions and internships for their children and other family members.. and also they publish it shameless on LinkedIn... — read more 

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| 1820 views | | 14 replies (last September 29, 2024)
Post ID: @OP+1uI6GMOv

It’s not 1929

Stop with the depression talk. At worst it’s the 1970s with a decade of stagflation, but inot a depression.

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| 1190 views | | 20 replies (last September 30, 2024)
Post ID: @OP+1uIDvHs6

Are LR employees restricted to full internal positions?

I noticed that I have to sign into DUO before I can see open internal reqs, and that I'm restricted from clicking on some 'internal req' links. Are folks who were LR'd being excluded from viewing all available internal reqs?

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| 600 views | | 1 reply (October 1, 2024)
Post ID: @OP+1uIdNetl

Counter-offer - does Cisco do them, ever?

exploring other options outside Cisco, but have a solid tenure that's tough to walk away from. If I get an offer from a competitor, what's the Cisco approach to counter-offers? Never? Only to high performers, etc? Curious

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

Still no news on promos... what's the hold up?

In past few cycles I remember promos/merit being given at same time as bonus but this doesn't seem to be case anymore... wondering if they're waiting because we've just had layoffs? Does anyone know when we'll get news?

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| 1670 views | | 12 replies (last September 29, 2024)
Post ID: @OP+1uIwed4o

Did Cisco mislead the market?

Too much grapevine talk for this to be BS. Cisco appears to have incorrectly over-stated its recurring revenue projection. By a lot. Hence we missed FY24 target and voila! low CPF and low bonus. Seems Sales has (had?) a habit of giving away... — read more 

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| 1130 views | | 3 replies (last September 28, 2024)
Post ID: @OP+1uI378iK

Why does someone think lower IPF this year is normal?

Many guys said they did same performance but got lower IPF than previous year, which makes they feel unfair and unhappy. Someone commented the lower IPF is normal because of lower bonus budget. How does that comment make sense? The company factor... — read more 

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| 1490 views | | 12 replies (last September 30, 2024)
Post ID: @OP+1uIjxiTW

"Great idea, can you send me one slide describing this"

Understand, when your Cisco Boss asks you to put together and send him 1 slide describing some idea you have...his intention is to present it as his own idea to his leadership. He gets a promotion for being "innovative" and you get moved to the... — read more 

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| 880 views | | 5 replies (last September 28, 2024)
Post ID: @OP+1uI3a6iP

Short-term profit thinking

It makes me wonder when the people in charge will realize that chasing profit at any cost (which is in most cases loss of valuable employees) is just a recipe for disaster. In the end, this approach can destroy the company, leaving everyone, even... — read more 

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| 600 views | | 7 replies (last September 29, 2024)
Post ID: @OP+1uI4UYv9

Why still so many red badges hanging

Red badges were suppose to be axed in Q4 but in Q1 more blue badges axed than red. Looks like red badge is back on board. Supply chain, CCW and other engineering have hundreds of red badges. Don't know what is cost cutting

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| 600 views | | 2 replies (last September 27, 2024)
Post ID: @OP+1uI1Mzmq

Looking since July

Have been aggressively looking since July. no real jobs out there. Not sure what tge strategy is behind the fake job posting ms, anyone know?

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| 750 views | | 10 replies (last September 30, 2024)
Post ID: @OP+1uHhi7Ia

If I’m out on medical leave do I qualify for bonus?

I had major surgery in July and I’ve never been on any leave at Cisco before. I’m just wondering if I’m bonus eligible. I’m not supposed to reach out to my manager while on leave otherwise I would ask him. If you have any knowledge of how this works... — read more 

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| 600 views | | 4 replies (last September 27, 2024)
Post ID: @OP+1uHa4S9B

Dodged the bullet this round

Frankly, I don’t even know how to feel about it. I was almost hoping to be let go, yet I’m glad I’m staying for now because the job market is cr-p. Talk of the week is that the recession is not coming and the job market is expected to recover next... — read more 

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| 830 views | | 5 replies (last September 30, 2024)
Post ID: @OP+1uH9wtQb

Same IPF across entire team

Figured out pretty quickly that my manager is probably just being lazy. Entire team received the same exact IPF. No incentive to go above and beyond anymore at Cisco. Who is going to try given the LR climate at Cisco? There is no reason anymore. ... — read more 

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| 960 views | | 7 replies (last September 28, 2024)
Post ID: @OP+1uH6VziL

year end bonus is .... lack luster

Damn, company performance was so awful it's half of what it was last year. Total comp is circling the drain, lots of vacation, inflation, costs of everything going up. Does anyone smell boiling frogs?

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| 1210 views | | 10 replies (last September 27, 2024)
Post ID: @OP+1uHZ5hhH

Would I get LRd after medical leave?

I am on medical leave started in July last week and I recently learned my whole team starting from directors to our left-right all the teams are LRd. Do you think HR will let me know on first day of joining that i am also LRd? Or would I be safe?

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| 730 views | | 7 replies (last September 27, 2024)
Post ID: @OP+1uHlpQNf

Overworked

Anyone else feeling it this week?

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| 790 views | | 5 replies (last September 26, 2024)
Post ID: @OP+1uHOu6Gj

Conversion Doubts

It’s been made clear to me that there will be no budget to convert contractors in the foreseeable future. Years. I jumped at this job to get their name on my resume, actually ended up loving it, but am now disappointed to know I might never earn... — read more 

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| 680 views | | 2 replies (last September 26, 2024)
Post ID: @OP+1uHwtCJL

Retirement

Considering how many older employees have been shown the door in the last few years with no end in sight, I think we're at the point where we'd have better luck finding a needle in a haystack than successfully retiring from this place. That's where... — read more 

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| 1210 views | | 8 replies (last September 29, 2024)
Post ID: @OP+1uHT0ovT

Cisco Canada Ottawa Office

I work in Canada and we are floundering. No one in the Can Gov wants to buy Cisco products anymore because of the newspaper articles and we are way behind on our number. The days of selling to the Canadian Government at basically “List Price” are... — read more 

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| 1130 views | | 6 replies (last September 26, 2024)
Post ID: @OP+1uGr8ShM

TREVOR NOAH AT WEBEX ONE EVENT

WTF? Trevor Noah is keynote at WebEx One this year at the Diplomat Beach Resort. CMO, SVP, CHIEF Customer Officer AR is a joke. Cisco execs are so thirsty it is insane! Remember Oprah!

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| 960 views | | 7 replies (last September 26, 2024)
Post ID: @OP+1uGtDP5l

IPF -LR

What’s the IPF for employees impacted by LR.

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| 1260 views | | 4 replies (last September 26, 2024)
Post ID: @OP+1uG4sJ0u

Proof you are going to a competitor?

I've heard if someone puts in their 2 weeks to go work for a competitor, then Cisco will have them leave immediately, but still pay them the 2 week notice. Does Cisco ask for proof of anything, like offer letter? Asking for a friend.

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| 1110 views | | 8 replies (last September 26, 2024)
Post ID: @OP+1uGK0kPM

Any advice - close to retirement in sales role

Im still very much driving business and planning to retire next year. Looking for advice on how to volunteer for a layoff package and what a sales layoff package looks like in terms of base vs total target cash and unvested rsu's.

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| 980 views | | 8 replies (last September 28, 2024)
Post ID: @OP+1uGt85Ev

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