Read this in Fran's tone "Team, we know how this [news] is hard to some of you but as you know at Cisco we're a family... {proceeds to smile}"
Today is the day.
Good luck to all, no one is safe.
Stock at G10
When you reach G10 does that mean you get stock every focal cycle? I started at a G6 and now a G8 and have gotten stocks a couple times during focal but not every time. Not a lot of course. Didn't know if this is just because manager didn't have a... — read more
Cisco earnings call Today @ 1:30pm PST
Looking forward to the numbers as they should be ok. Don’t expect it to be below or above analyst projections. Future forecast will be the key indicator to listen for.
Sleepless in Bedfont
Bracing myself for the infamous consultation emails. After the stress of waiting for the LR news, now another wait of 4-6 weeks while those poison penned, often grammatically challenged emails start pouring in. I wish they’d just do what they do in... — read more
Cisco is in a slow death spiral
I hope everybody knows this by now. The only smart move - unless you're close to retirement - is to look for a job at a company that does not have a doomed future. I know many might think Cisco is too big to fail, but with this leadership in charge... — read more
RSU question
I know it's stupid to ask financial questions on an anonymous forum, but I want to see what people reply with. If you received RSUs last year in Nov, are you selling any, or all, of the 1/3 of the shares that vest in Nov, or are you going to hold... — read more
Cisco earnings call August 14th @ 4:30pm (EST)
Cisco earnings call tomorrow 4:30pm (EST) & 1:30pm (PST) for west coast folks… News is forecasting 4k+ impacted with next LR. Prayers to all impacted…
Weds - earnings, Thurs - notification?
Is this the standard or expected timeline? All clear by Thursday EOD?
Bracing for the Unknown !!!
I can’t stop thinking about the potential layoffs and find myself checking this site more often than I’d like. Since Friday, I've struggled to stay focused, but perhaps my mind is subconsciously bracing itself for the challenges ahead . The... — read more
Health Insurance coverage
When will the Health insurance stop ?
Advice for Splunkers joining Cisco?
Assuming we don't get laid off tomorrow, and do receive our offer letters with down-leveling: can you give us more advice than "run" or start looking for a new job? Which we will. The $2000 sign on bonus is for the benefits they cut form us, part of... — read more
Can we volunteer to get laid off? And still get the severance?
What the title says!
Reign of Chuck: Purge Statistics?
Does anyone have any overall metrics of how many people have been LR'd, in total, since our fearless leader has been in charge? How about also the number of LR events? Disgusted. How does this "leader" stay in power?
Job market
How is the job market right now? Anyone has any clue? Lil worried about the layoffs. Not able to focus on work.
How many can we expect to be laid off in the end?
It all looks almost like the staged drama by Cisco. Why can’t they be more responsible and mature about announcing and conducting layoffs? We have lives, families, bills to pay, plans.
** Wed August 14th: The Purge **
As the Day of the Long Knives unfolds, share your managers' word-salads/stories in this thread ...
Lack of Cisco beats scheduled?
I know we all know what’s coming. I’m just surprised the monthly beats isn’t scheduled? Do you know when they’ll address earnings/the LR?
Timing
reposting this, it's a good thread: If the past is, in any way a predictor for the future in this case, it should be preceded by an earnings call (more precisely a missed earnings). I expect this time the things to be rushed a little bit as they... — read more
The News & Observer
Source below (RTP, The News & Observer) Cisco plans to lay off thousands of additional workers this year, according to a Reuters report, in what will be the third significant round of jobs cut at the company in the past 24 months. Citing... — read more
Cisco Layoff Package?
Does anyone have info as to what the current layoff package is at Cisco? I have a few friends who came over from Splunk and are wondering as layoffs were not really a thing at Splunk.
Under 40H to go
Praying for my Cisco family Remember this isn't personal rather we sadly suffer the consequences of idiocy at the top This job is a small part of you, next to your friends, family and hobbies
Public Service Announcement
If you are concerned with being LRd you may want to remove any scheduled PTO from workday before it hits. If you don't and lose access you won't get paid for it if the system logs it as taken. You can always reinstate it later if needed.
I read Starbucks replaced CEO today
Chipotle guy would have been a step up for CSCO. Ex fry cook i hear!
Layoffs coming
Here is the news: https://www.reuters.com/technology/cisco-lay-off-thousands-more-second-job-cut-this-year-sources-say-2024-08-09/
Cisco has lost the game.
Long time Cisco here. I feel like Cisco destroyed themselves. Have any of you ever worked with Mikrotik gear? Amazingly inexpensive. Highly easy to use. Command line is pretty much linux. The GUI management tool works on an app or a browser. ... — read more
Does Cisco follow "the last one in, the first one out" rule?
I've joined six months ago. I'm thinking I might be sc--wed if that's the case.
AI Led Terminations
News has begun to filter down to the rank and file in HR that a majority of the upcoming LR actions will be initiated via AI. Email notifications will be generated and delivered via AI, with first line questions handled via AI chat. Escalations will... — read more
Layoffs have started in SBG
Seeing goodbye notices on LinkedIn today.
Cisco has been taken over by bean counters
Cisco has been taken over by bean counters who don’t really understand what we do, how we do it and why customers buy from us. A great example of this is Cisco CX operating in its own bubble as a standalone profit centre with leadership obsessively... — read more
Getting laid off is the preferable option
I have no intentions of sticking around to fulfill their fantasies about having half the workforce doing the work that was once done by twice as many people, if not more. If anybody on my team is laid off, I'll be quitting as well. That's why I'm... — read more
Over 40 years old rights
Is this true you have 21 or 45 days before you need to sign off your severance package if you are over 40 years old due to Older Workers Benefits Protections Act (OWBPA) ?
4 year laptop refresh for a ‘cutting edge’ company
So with the layoffs in Feb, the mandated PTO to dump PTO off the books before another LR plus half bonus(prob.zero bonus in Sept), we now have the 4 year laptop refresh w employee purchase plan(ha ha ha ha) now 2nd LR. I’m trying to think what’s... — read more
What happens if you don’t show up on your LR call?
No manager communication, no official layoff status change, right? You can only delay, not change the outcome… BUT if notification date is delayed, you get extra days added till the actual notification. Turn off mobile devices, PC, Internet, no... — read more
Recession fears are preventing people from quitting
https://boredbat.com/american-workers-are-stuck-in-place-because-everyone-is-too-afraid-of-a-recession-to-quit
They say we need to realign resources for AI…. And ?
It just boggles my mind when Cisco says we won’t lose the AI transformation. Their strategy is to convince enterprises (Who have already gone to the cloud -i.e. Missed once) to build AI infrastructure on UCS and their ethernet platform. Firstly... — read more
Cisco has to fire recruiters
With AI/GenAI advancement in Cisco, why do they need recruiters just to communicate the rejection since hiring manager has already decided whom to onboard. Increase the productivity of HM and recruiters by auto-sending the rejections to all... — read more
CX was destroyed
After Maria's exit, It is all ELT blame game and power hunger. Why the poor engineers and lower grades have to be the victim of this war ? Because of mgmt. politics, If they unable to protect these non-mgmt employees then these employees should... — read more