Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

Can someone clarify # of employees at Cisco now

It says about 85k....but I do not think it includes Splunk. I know for fact Cisco has been hiring a lot over the last 6 months, even with the layoff last year, and then again in Feb. They are the worst in managing resources. I can guarantee towards... — read more 

Cisco LR + Economic Downturn

Double whammy for everyone unfortunately. Every sector is in big trouble as large fall layoffs loom for many companies. Curious if folks have concerns of unscheduled layoffs occurring between now and end of year?

Retirement ?

For those who are considering retiring, what is your Networth? Generally 25x expenses is considered safe (or 4% withdrawal rate) but curious about your magic number . Tech sector is way too volatile

Let's face the truth for a second

Cisco has several underperforming departments that have been burning through resources for years without contributing any real value to the company. Projects are often stuck in cycles, bogged down by endless meetings, and lack a clear vision. While... — read more 

For those facing the impending LR

take some Jimmy Buffett advice (other than it's 5 o'clock somewhere): Oh, yesterday's over my shoulder, so I can't look back for too long There's just too much to see waiting in front of me and I know that I just can't go wrong...

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| 802 views | | 1 reply (August 24, 2024)
Post ID: @OP+1uaSNrek

A little advice for older employees...

Cisco employees whose age plus years served equal 65...make sure you sign up for Cisco RMAP (retirement insurance) before departure, if qualified. If LR'd: check with Benefits if they will suspend RMAP until after COBRA. If so, you can sign up... — read more 

Boycott GSX?

Ok, it’s go time. Who is boycotting Chuck and the kickoff? There’s power in numbers and all of us sticking together for eachother.

US Commercial AVP Defunding Events

Ourrrrrr AVP continues to threaten to defund events cause no pipeline is created the day after the event. Ourrrrrr AVP wants to defund all events to include our popular Tech Days. He barks all the time but has no clue. He shows up at events but... — read more 

What happens with your phone plan ?

They are currently paying for it A hardware refresh was due and I applied for it, I got a new phone (for zero dollars) and the plan was renewed for another two years. I would like to keep the number I have which I ported to Cisco's plan when I... — read more 

Another LR in February?

CNBC: “Economists warn a recession is likely in early 2025” Thoughts on Cisco impact?

MY LR Story (Hope it will help others)

I was LR'ed once from Cisco. I didn't see it coming. I was in a hostile work environment, my boss had previously tried to unsuccessfully put me on a PIP. We had a major falling out that was never rectified. I saw some very bad behaviors in my... — read more 

Giddy

Looking forward to all the layoffs! Happy times! Enjoy what so many others got to experience before. But I'm sure they were all bottom performers. Right? Right? Well, that will be YOU soon.

We are restructuring to what purpose?

I saw no positive outcomes from previous reorgs. I don’t see any strategy and vision behind this round of layoffs/restructuring. I think everybody who calls Cisco a dying company is right. Hence no need for any of us to tie our future to this... — read more 

Cisco manager behavior weird

For past one week, manager is not replying to my chats, not talking anything when my tickets are discussed in standups and all in all mostly ignoring me. I am 100% convinced I will be axed on Sept 16. Has anyone else noticed change in their... — read more 

Unused PTO is taxed at a higher rate

Read the stuff carefully about the unused PTO - it will be taxed at a higher rate if I understand it. So....you may want to consider taking PTO before the cutoff date of Sept. 23. They freeze the stuff on Sept. 15. I get fuzzy on the specifics but... — read more 

Another one of many ruined weekends coming up

I know that once again I won't be able to mentally check out like I usually do over the weekend. I hate that the higher-ups think it's okay to play with our emotions this way.

More Proof That Cisco Chuck Robbins Has Checked Out

Cisco announced speakers at Aug & Sept Financial Community Technology Events and Chuck is not on any of them which means he plans on resigning or the financial communities see no reason to invite him to speak BS

Cisco Moral Post LR

Honestly wondering what it's going to be like post layoffs. We've barely dug out from the February LR and it's not been an easy haul.

How do I know I'm save?

At one point in time, managers will send out 1:1 invites. If it's like in the previous layoff, it will be around 7:00am on Mon Sep 16. For other layoffs I remember, 1:1s have been sent out on a Sat for a Mon 1:1. Starting Sat Sep 14, I intend to... — read more 

Does performance play ANY role in layoffs?

From what I've been reading, it doesn't matter if you are among the best or worst performers. When it comes to layoffs, it's all about how old you are and how much you make. Is this true? If it is true, then why should any of us bother giving it our... — read more 

Stack ranking?

How is stack ranking done for people at different grade levels?

Ghost jobs a rising trend

Search ghost jobs on Youtube Here is one video. https://youtu.be/-FAYkoAeTVU?si=EGrcW47u-pXNKfw- There is a lot of them and all published recently. It seems to be a trend that is hurting everybody.

Director got impacted

Learnt that my Sr director was shown the door. He was a perfect guy, but this leaves a lot of uncertainty in the group. He had 2 other Directors and my Sr Mgr with a handful of Principal Engineers. Its not clear what the new org will look like... — read more 

TAC Future

I, like many others have read on this forum about the eventual move of RTP / Richardson TAC to Mexico. I was wondering if anyone has any insight on the possible timetable for this as it seems inevitable.

I want to be let go asap.

I got a new job offer that starts in early September. I wish Cisco can LR me soon so I can start work in my new job. I wont tell Cisco as I plan to be paid at Cisco while I work at my other job. I don't want to miss out on whatever severance is... — read more 

Anyone a part of the 350 LR this week?

Wondering if anyone here has been a part of the 350 LR this week or if you have heard anything about it? Curious if it is a specific group or if it is exec or IC?

Insider Trades

Chucky and Scotty dumped shares after the qrtly announcement. By making that move (after the layoff announcement) they succeeded in increasing their wealth, in the area of $120000/each. So they made $3000 on every LR'ed employee.

Executive Assistants

This may have been asked but couldn’t locate it. Will Executive Assistants be LR’d?

Countdown Timer - LR

Not mine, thought I'd share. https://www.timeanddate.com/countdown/to?iso=20240916T00&p0=197&msg=Cisco+LR&font=sanserif

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