New calendar meetings, package details, team members affected & communication, WARN notice, next beat etc. Discussion on team space…internal jobs etc. Let’s share and learn together. One place for all details for what goes on in Cisco during August... — read more
Why does Cisco keep adding new employees, then cut people every 6 months ?
If you look at the employee count now, it is 85k. It was lower than this 6 months ago, when they did the 4k cut. The employee count has always been increasing every year. As soon the cuts are done, suddenly budget is available and big amount of... — read more
How I see CX leadership
A clueless knucklehead A vindictive no nothing knucklehead A woke vindictive knucklehead A plain old knucklehead May or may not be a knucklehead A bobble head knucklehead An invisible knucklehead
Is it OK to take with you training materials ?
There are a couple of training materials that I would like to take with me. Usually when you attend a training you are entitled to get the training materials Used to be printed big binders, these days are HTML or PDFs or whatever They could be... — read more
Yahoo reported lay offs just now
Exclusive-Cisco to lay off thousands more in second job cut this year, sources say https://finance.yahoo.com/news/exclusive-cisco-lay-off-thousands-145733209.html
Serious Question
Why does everyone show up stunned whenever they hear of Cisco layoffs? Layoffs are literally the first thing people think of when they hear of Cisco. And then if you make it through this round, you will show up again early next year clutching your... — read more
LR rumors are 5k - 8k whispers in HR
Get ready this LR is going to be painful. Planned cuts targeted at Sr Managers/Directors level…
What is wrong with all of you?
The unemployment rate is the lowest in 30 years. I have 10 people begging me to interview every week. If you are on here complaining then you need to figure out your path in life. This is not China! Anyone talking about unions doesn’t understand ... — read more
Best Place to Work survey closed earlier this week
Just before news of the layoffs hit. By design? Who can say.
RSU’s and Layoffs
Is it possible to receive RSU’s just to be laid off 2 months later?
I would say that by now there should be enough of us to impact Cisco and change their ways of treating us
They treat us like cattle or disposable goods. I mean you join ...you give them your best and they dispose you like expired goods Some time making a commitment to our mediocre products for a few good years means a disaster when you join the market... — read more
Layoffs!!!
If I may be permitted to make an observation, Cisco keeps saying that it is a champion of liberty and individual expression. In my opinion, statements like that blur the line between free speech and hate speech because they feed on people’s pain... — read more
If on PTO during layoffs, what happens?
By coincidence, I’m on PTO and out of town all of next week. If I’m on the list, what should I anticipate? Will the discussion wait until my first day back or…?
Anybody know the actual layoff date
Does anyone know the date they'll tell people they get the boot? I wonder if it will be next week or it will be like the one they dragged out for over a month. Band aid or long drawn out pain.
They knew!
They definitely knew this was coming when they assigned the July 4th shutdown week. While I had my doubts back then that it was to burn through PTO to avoid payout, I fully see that as fact now.
4K Partay
We layoff 4000 while SLT boondoggles in Paris embarrassing
Thoughts on 1K Eyes being hit?
What are the chances of 1k eyes being targeted this round?
Meanwhile, ELT seems to enjoying an Evening in Paris.
Cisco hunger games have begun
Cisco Layoffs 4000+
Looks like Cisco is planning to cut 4000+ in the second round of layoffs.
Be honest
Can any of your teams realistically afford to lose even one person? I know mine can't. We're stretched thin as it is since we have lost a few people in every single round so far and they never hired anybody to help us. I think losing somebody else is... — read more
Cisco Still Paying Elton John and Band $100M+ At Vegas August Sales Meeting
Layoff Thousands and Burn $100M For One Hour Show-Worst CEO Ever
So, what was the sequence this week? Intel first, Dell second, we are going third
Thousands and thousands of job losts at legacy tech. It's sad to see this play out but there is a ton of growth in other areas. I just hope things stabilize soon.
Where are now folks that kept saying "it's all rumors"
and yet, here we are today...
https://x.com/TheLayoff/status/1821961513084805226
https://x.com/TheLayoff/status/1821961513084805226
August 2024 LR - Media Coverage (so far, as of Fri 8/9/2024 at 1PM PDT)
**MSN ** https://www.msn.com/en-us/money/companies/cisco-is-the-latest-healthy-tech-company-to-cut-jobs-with-4000-layoffs/ar-BB1ijBus - Cisco is reducing its workforce by 5%, amounting to approximately 4,000 jobs. The layoffs are part of the... — read more
CSCO: Situational Analysis
Scope and Impact of Layoffs: - Cisco's layoffs are substantial, involving thousands of jobs across two rounds in 2024. The first round affected approximately 4,000 employees, and the second round may involve a similar or larger number. ... — read more
The street isn’t buying the BS any more
Market is up but CSCO is down on news of the layoff. They know Chuck is a one trick pony and it never works out how he says.
We need congress to step up and help out the working class
We need congress to step up and help out the working class. Here is my proposal: Proposed Legislation: Corporate Accountability and Workforce Protection Act" ### Purpose: To ensure that executives of large, profitable companies are held accountable... — read more
Expenses and PTO not allowed any more until LR notifications
Avoid any one-to-one with manager or in your chain, in case manager is in list as well.
Reuters confirms LRs
That didn't take long. F this ELT .. https://www.reuters.com/technology/cisco-lay-off-thousands-more-second-job-cut-this-year-sources-say-2024-08-09/
It is too late
In a toxic and corrupted Cisco culture most managers are incompetent and work for their paycheck not for the company. Anyone who cares about the company and speaks the truth gets alienated and then eliminated. There is no hope for Cisco. It is too... — read more
The consequences of poor leadership
The blame for this lies squarely on the shoulders of the parasitic leaders who began infecting this company 5 years ago. They have failed in their duties and on so many levels. Most importantly squandering opportunities to grow and evolve the... — read more
What group or what level of staff do you think should be in the 4K Layoff?
Name the organization or the level of management that you think should be reduce drastically or eliminate.
If you're over 50, you're done
If you've been at Cisco for a while and receive a decent paycheck (a hard-earned paycheck, mind you) you can consider yourself as good as gone. I'm not trying to scare anybody, but I'm in this group and while I managed to avoid layoffs so far, I'm... — read more
BREAKING NEWS-Exclusive: Cisco to lay off thousands more in second job cut this year, sources say
Aug 9 (Reuters) - Cisco (CSCO.O), opens new tab will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the... — read more
I didn’t expected it to become public this early into our expectation
Even rumors were late to the game. I hope they’ll get me this time. I have another opportunity lined up (not 100% sure, but it’s looking good). Even without it, I can’t wait to be let go. That is not to say that I don’t feel for others. Many of us... — read more
Bigger cuts than in Feb 2024, announced Aug 14 on earnings, Notified Aug 16
No such luck to avoid or to hide. Hope more managers and directors this time. Reality is sinking in. Cisco is getting every one preparing for a formal announcement. It’s out in media:... — read more
Here we go again
We're looking at weeks if not months of stressing as we wait to find out where and when layoffs are going to hit. Considering that it's 4k people, it's hard to imagine that many will be lucky to see their areas unaffected. I thought major tech... — read more
4,000 or a little more
https://www.reuters.com/technology/cisco-lay-off-thousands-more-second-job-cut-this-year-sources-say-2024-08-09/