Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

Good luck all

However this prolonged, unfair, inconsiderate layoff drama continues to unfold, don’t let this company put you down in any way. It’s not worth it. Hold on, and if you end up being laid off, think about the fact that you are leaving a sh---y company... — read more 

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| 1390 views | | 6 replies (last February 15, 2024)
Post ID: @OP+1r4svJtl

Security on a Roll

Security is doing incredibly well. Strategic investment area. Layoffs only targetting low performers, internal job positions are heavy in security business

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| 1370 views | | 8 replies (last February 14, 2024)
Post ID: @OP+1r47HM7C

Terribly cruel and unhealthy

For a company that boasts its investment and focus on employee health, wellbeing and a family first culture, it is terribly cruel and unethical to behave this way. To leave your staff worrying for over a week about job and financial stability... — read more 

Moment of truth

reports about 9 to 10K. i say 15k worst case 20K if CR needs a new house

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| 1610 views | | 7 replies (last February 14, 2024)
Post ID: @OP+1r3f2lcl

Cisco Must Cut 36K

Cisco must layoff like Meta in order to get into high growth area Meta cuts 18K and Cisco must do 36K otherwise tiny cuts won't help In order for Cisco to transition to high growth area like AI, big cuts are needed to save space for the new hiring of... — read more 

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| 1720 views | | 9 replies (last February 14, 2024)
Post ID: @OP+1r3QGGjt

Silent layoff on-going: whistleblower

Cisco is doing silent layoffs these days without informing WARN report or taking advantage of loop holes. Need a whistleblower to report these? The mass layoff notices will be sent eod

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| 1520 views | | 3 replies (last February 13, 2024)
Post ID: @OP+1r3hBgMe

SE Pooling

They are finally pulling the trigger on this.

Another news website confirms 9000 reduction

https://dataconomy.com/2024/02/13/cisco-layoffs-2024/ Cisco to layoff 9000 employees in 2024 The specific impact of these layoffs on Cisco's role within the telecom sector remains to be seen, as company executives are reportedly still in the... — read more 

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| 2360 views | | 5 replies (last February 13, 2024)
Post ID: @OP+1r312964

it has started

Just had the 1:1. Severance is such an insult. two weeks pay, RSU's all expire, locked out of email etc in 3 hours. health ins through to end of Feb. get ready

AppD out

anyone confirming this?

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| 2030 views | | 9 replies (last February 14, 2024)
Post ID: @OP+1r3gpyQD

Layoffs

Cisco to make big layoffs Silicon Valley tech giant Cisco is getting ready to lay off thousands of employees in its latest reorganization effort to focus on high-growth areas, Reuters reports. While the exact head count is pending confirmation... — read more 

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| 1031 views | | 1 reply
Post ID: @OP+1r3rVQML

Grass actually is greener

As ex-cisco who made it through about 15 of these only to get clipped in the 16th, I will say in hindsight (about 5 years) it was one of the best things for my career and my life. Got me out of the Cisco rut, free from chasing RSUs and taught me that... — read more 

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| 1170 views | | 1 reply (February 13, 2024)
Post ID: @OP+1r3ruEHX

What to expect going forward:

LR packages will continue to shrink, that's is now given. They will manage payroll in the same fashion (one to two cut rounds per year) - the patters are repetitious. And yet, they always manage to throw in a curve ball or two.

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| 1170 views | | 3 replies (last February 14, 2024)
Post ID: @OP+1r3w7a8N

Missing WARN Notices

Do you know if layoffs have to be reported with the state? I am looking at https://edd.ca.gov/en/jobs_and_training/layoff_services_warn and there is nothing for 2024 there? If I filter on Cisco, I get only 2 records in last 12 months (below). I know... — read more 

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| 1200 views | | 1 reply (February 13, 2024)
Post ID: @OP+1r3cVy9s

Some useful info if you get LR-ed

I was affected July last year, some info which I think is useful: It’s not end of the world. They give you 3 months of having to do nothing while still covered by benefits and payroll. You can do a lot in 3 months (unwind, learning, networking... — read more 

New CEO

Keep hearing Chuck is out, but no one knows who is replacing him!!

i hope directors and above all get canned---useless

trim senior management by 50%. company will grow like 10x in next 2 years. the d-mbest people are ones who dont do any work but act like they know everything in world. talking to half these senior management ppl..they will tell you they are the... — read more 

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| 1140 views | | 4 replies (last February 13, 2024)
Post ID: @OP+1r3GyCtX

Heard the number is closer to 12K

in 2020 at Oracle, they called it Oracle Lights out and let go most of the support personnel across the US, keeping only some east coast and west coast, they let go close to 10k. Office spaces were shut down, etc. Everything else was outsourced to... — read more 

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| 2100 views | | 7 replies (last February 13, 2024)
Post ID: @OP+1r2cZw8o

Money extraction mode

Whatever they do in this round, nothing will change in the future. They may increase profit for the top, but this company will never be what it used to be a long time ago. Cisco has missed all the trains, and there is no way to catch up. Unless they... — read more 

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| 881 views | | 5 replies (last February 13, 2024)
Post ID: @OP+1r2eYKUL

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