Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

Layoffs update

Which areas and units will be hit the most? Do we know?

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| 2110 views | | 4 replies (last February 13, 2024)
Post ID: @OP+1r2zRpe3

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 

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| 1160 views | | 8 replies (last February 13, 2024)
Post ID: @OP+1r22nQ7K

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!

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| 1850 views | | 5 replies (last February 13, 2024)
Post ID: @OP+1r2DfcPW

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 

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| 1650 views | | 9 replies (last February 13, 2024)
Post ID: @OP+1r2yI7YH

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?

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 ?

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| 2650 views | | 6 replies (last February 13, 2024)
Post ID: @OP+1r2FhzlJ

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??

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| 1630 views | | 7 replies (last February 12, 2024)
Post ID: @OP+1r1LoO1Z

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 

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| 2020 views | | 6 replies (last February 14, 2024)
Post ID: @OP+1r1Opt8H

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 

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| 1506 views | | no replies yet
Post ID: @OP+1r11RYu1

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 

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| 1423 views | | 3 replies (last February 12, 2024)
Post ID: @OP+1r1pgzSu

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.

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| 1232 views | | 8 replies (last February 12, 2024)
Post ID: @OP+1r1yzdxt

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.

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| 1141 views | | 5 replies (last February 11, 2024)
Post ID: @OP+1r18Npn0

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.

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| 2790 views | | 17 replies (last February 12, 2024)
Post ID: @OP+1r1eUWqg

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!

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| 2180 views | | 5 replies (last February 12, 2024)
Post ID: @OP+1r15mHG0

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 

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| 1530 views | | 5 replies (last February 12, 2024)
Post ID: @OP+1r0PXd7j

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?

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| 1140 views | | 8 replies (last February 11, 2024)
Post ID: @OP+1r0mCPoB

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 

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| 1880 views | | 9 replies (last February 10, 2024)
Post ID: @OP+1r01Ncbv

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!

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| 1600 views | | 5 replies (last February 11, 2024)
Post ID: @OP+1r07c4lj

Reuters got a scoop

https://www.reuters.com/business/cisco-cut-thousands-jobs-it-seeks-focus-high-growth-areas-sources-2024-02-09/

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| 1250 views | | 2 replies (last February 12, 2024)
Post ID: @OP+1r0JTMJD

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 

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| 2710 views | | 26 replies (last February 12, 2024)
Post ID: @OP+1r02PjRj

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