Which areas and units will be hit the most? Do we know?
Any news about in the ANZ region?
I am wondering if the cuts are going to happen in the ANZ region. Any clue?
Bad time to have accepted an offer?
If one accepted a job offer several days ago before this all came about and have not started yet, as a US-based, SWE, Should we assume there is going to be a hiring freeze now? Sounds like Cisco has a history of continuing to bring people on despite... — read more
americas sales getting slashed
service provider sales is a gonner, to be rolled into a larger pool of enterprise+sp. this trend has been happening for a while now but it'll be over soon. goodbye sp!
What Chambers has to say about HPE
Thrilled to congratulate my good friend Antonio Neri, CEO of Hewlett Packard Enterprise on the news that his company will acquire Juniper Networks. Now positioned to capture a larger portion of the cloud, AI, and networking markets, this bold move is... — read more
Cisco is no longer the leader they once were
True that once upon a time Cisco was an indicator of global markets because they were tech leaders. 2008 recession was 15+ years ago. Cisco is no longer the leader they once were, they are now lagging their competitors in growth in several areas... — read more
Who is safe?
Do we know if any group/area can be considered safe?
Does the upcoming LR count include Splunk too ?
Will it be spread across 2 quarters, and also include Splunk headcount ? Splunk has 8k headcount.
Mid year bonus
If at all they are given out, would LR'd folks receive mid year bonus since they would have completed the first half of fiscal year ?
Finance layoffs
What groups will be effected?!
Celebrity Wanna-Be Chuck Partying Hard At Super Bowl
Chuck flew on private jet to Super Bowl with his family on Cisco’s dime while thousands of Cisco families are stressed this weekend about layoffs this week
Which functions are affected the most?
Are G&A functions like sales, finance, etc. getting the boot? What about acquisition BEs? Is Meraki safe????
Global Downturn on Horizon
Cisco is a good barometer of the global markets. In 2009, Cisco did layoffs followed by a significant downturn among tech stocks. Is this happening again??
US Commercial Consolidation & LRs
As part of the high growth focus and restructuring announcement this coming week, in FY25 US Commercial will be consolidating regions. It simply does not make business sense to have regions that only do half of the business of other regions. This... — read more
Alpharetta Closing?
What y’all hearing?
Economy is Booming…
Don’t worry, you can easily get 3 part-time gigs to help the job numbers and replace your 1 job
Reality 2024: What Happened?
Long-term turn-away from using profits for technological innovation; instead of for the ongoing obscure currently popular social themes of that current year. Devaluing prior, proven high-earner senior technical development contributors... — read more
FB Page for ex-Cisco Help
My second visit to this site in last two days, probably after over a year as I left Cisco in 2022. Really sad at the state of things as several of my esteemed ex-colleagues got LRed during last year at various times, some very senior folks. Just... — read more
From a former employee with love!
For those SEs or SAs who will be affected by the upcoming LRs, remember that there's always hope for a brighter future. * I, too, faced a difficult period when I was personally affected by layoffs, which can often feel impersonal, though in my case... — read more
cisco lost to juniper
Citing high growth initiatives and AI is the reason for upcoming mass layoffs, it is evident that cisco lost to jnpr in AI space, particularly to Mist.
Sales Artemis Overhiring
Who was brainiac in sales leadership that hired a ton of extra sales folks 4 months ago? Nobody even knows what they are supposed to be doing. Now a big layoff - what a way to run a business.
Cutting People Managers and Directors during this LR cycle
Too many managers and directors layers in Cisco. There are no reasons to have so many layers of un-productive people managers while pressure is on to cut resources who are responsible for products, services or support.
The Real Number…
People telling you they know the number are full of BS. We know it’s between 10k and 20k from credible news reports. Beyond that it is pure speculation. Avoid the noise!
Americas Sales LRs
What does the cuts look like in Americas Sales
Approximately 5,160 employees are impacted.
1-1s and team meeting invites are being sent out... Your managers have a 02/16 deadline to hand in talent assessments and/or PIP discussions. If impacted, starting 02/12 your work will be monitored (legally) until you're released. Severance package... — read more
High Cisco exec pay causing layoffs
Senior Directors make upward of 1M+ at Cisco. Not to mention these holes get deferred executive plans where they keep their RSUs and Cisco pays taxes of vested RSUs. None of these fools driving the company into the mud are laid off. No wonder our... — read more
Global Downturn or just US?
Where do you see this going overall? Seems like many companies are laying off full time workers in favor of doubling part timers, making job numbers look better. Thoughts?
How much passive cash flow do you have to buffer a potential layoff?
I'm just starting out and I have $5K net annual cash flow from a investment property. What about you? Please specify whether if your amount is per year or month.
10k and existing several business areas?
Is that accurate??? which areas???
this should go without saying
if you're an employee now, back up your data before "impact" on Feb 14.
Morale on the Edge
Working in sales at Cisco comes with its unique set of challenges, but perhaps the most daunting of these is the quarterly imposition of LRs (Layoffs). The unsettling reality is that performance often plays second fiddle to where you stand within... — read more
Anyone heard if ER offered this time?
Wondering if anyone has heard if they will be offering early retirement this time? If they want to get rid of some of the 50+ employees good way to do it!
10k employees will be laid off this time
https://twitter.com/MacroEdgeRes/status/1756016887199084642
Reuters got a scoop
https://www.reuters.com/business/cisco-cut-thousands-jobs-it-seeks-focus-high-growth-areas-sources-2024-02-09/
It. is just a job...
if you got laid off, just find a new one.
AI technology was there 40 years ago, AI took off after NANO mature recently
Biggest part of AI is NANO technology. Even NANO technology took last 20 years to mature You want AI too? Cisco should be in antique business opening antique stores selling antiques on the street? Or should I say Cisco needs to be selling in flea... — read more
We are one big happy family
Albeit a very dysfunctional one.
Cisco didn't promise lifetime employment
Cisco is operating a business and not a charity. They have every right to do layoffs and do what they think is right for their business. Likewise employees have freedom to quit and leave. Cisco is not obligated to keep you on payroll for life. Stop... — read more
Lawrenceville Campus is Closing
Remaining people to be laid off or forced to work remote.