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...
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.
Is it a Cisco "Recession" or is it an Economy recession that are causing this LRs
I had the curiosity to ask ChatGP about the causality chain in case of an economical recession. Below are the answers In the event of an economic recession, the impact on various sectors of the economy tends to follow a certain sequence, known as... — read more
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?
#1 on People’s 100 Companies That Care list for 2024🏆
"We are honored to share that Cisco has been ranked #1 on People’s 100 Companies That Care list for 2024🏆 This recognition underscores our dedication to prioritising communities and nurturing a culture of care and compassion." - on... — read more
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
WARN Layoff 53 in 170 West Tasman Dr SJ CA 95134 on 8/21/2024 Last Day 10/18/2024
Cisco report to EDD, CA https://edd.ca.gov/en/Jobs_and_Training/Layoff_Services_WARN#ListingofWARNNotices
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.
Has Cisco taken off new or ongoing PIPs, to only remove people with LRs
At one time, actively reducing as many folks via PIP mechanism. That seems to have slowed down with LR announcement.
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
What is the date of the Cisco Employee Organized Shutdown?
Maybe we could help the ELT save costs by organizing an Employee Shutdown. We could surprise them with our selfless team spirit and willingness to give back.
Do they put your email on Out of office during the 60 days?
I am reading around here that they put your Outlook account on Out of Office. Is that true? Are there any other signs we could use to guess who has been laid off?
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?
Are we all naive enough believe it is7% or rather 800mil? Why the delay
If Cis co would be yours and you wouldneed to stabilize the company would you count heads or money saved? I think their problem is that they ask the managers to cut a certain amount and they cant because some of them are trying to put on the list... — read more
If the list is final what’s the point of waiting until 9/16?
Why not pull the trigger?
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?
The more I look at it, the more I think we need a union too.
Who is holding the ELT accountable? Why is it just IC's getting let go? I didn't want to switch to unlimited VTO. But I get no say? Why should we lay off people instead of retraining people. We know those people are good employees. Why rehire?... — read more
Are teams/people getting notified if theyre safe?
Is the word getting out?
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