What is your direct experience with this situation at Cisco? What are the risks?
What's happening today?
I've been hearing different rumors, I'm hoping somebody here can clear it up.
People Landscape - A seismic shift since 2020
Did anyone catch the slide "Our People Landscape" during this week's Cisco Beat? I've seen more than a few posts here where commenters have said that it's an undocumented fact that Cisco is trying to lower the average age of its employees. I think... — read more
Mandatory Furlough
Call it what it is -- this "shutdown" is just employee furlough. A forced pay cut.
Y’all were lying about SE pooling
Account SAs never got pooled and even TSAs are moving away from it.
Future of Cisco PTO
Clearly Cisco wants to reduce the amount of accrued PTO that is sitting as a liability on the books. The inflexibility of mandatory PTO is not going over well with employees. Would Cisco move away from the accrued PTO model and adopt unlimited PTO?... — read more
Cisco piloting attentitive to watch you
Did anyone hear all that talk about accountability and hybrid work agreements? They will be watching you. Get to work or they will find a way to LR you utilizing this new tool.
Why do you stay at Cisco?
This is not the same company it was five years ago, not to mention a decade ago. The culture has changed drastically, the compensation is not nearly as competitive as it once was, and layoffs are always present, whether small, continuous ones, or... — read more
The Beat - Impact
Today’s meeting noted they reached the 1B goal early! Does that include those “Impacted” by LR’s? 😉 “We are committed to validating our impact We engaged global professional services firm PricewaterhouseCoopers (PwC) LLP to conduct an independent... — read more
Using 10 days of PTO are we headed for another LR?
Today’s beat said that we are to use 5 days in December/January and 5 days in July. This doesn’t seem to be a good thing.
Any Insight Into the Hiring Freeze?
I am currently seeing new reqs go live on the job board, yet they announced hiring changes last week, without any insight into "what" is being classified as critical... I'm in the interview process for a couple of roles (sales) and have been told... — read more
How to know if a person in PIP ?
One of my colleagues is deeply concerned about being placed on a Performance Improvement Plan (PIP). His tasks have been assigned to someone else, leading to a decline in his perceived value within the team in terms of both work and responsibilities... — read more
Stock vesting change
I guess the rsu vesting change is to retain older employees? Or push them out? Starting next Nov rsu will vest 100% if you leave and meet some age and service requirements
Did MM just announce upcoming LRs?
From the language, it seems like there are gonna be budget cuts coming. "Despite a strong Q1, we are also experiencing a temporary slowdown in customer demand, requiring an adjustment to our expenses. My leadership team and I are aligned on some... — read more
Cisco is an activist company campaigning for homeless shelters
It's been a joke Cisco is a tech. Look at the CEO, all he wants is looking for attention.
Know Your Rights - National Labor Relations Act
Section 7: “Employees shall have the right to self-organization, to form, join, or assist labor organizations to bargain collectively through representation of their own choosing, and to engage in other concerted activities for the purpose of... — read more
Shareholders Must Be More Conservative With Cisco CEO Compensation
CEO Chuck Robbins' Total Compensation is 206% above industry average Shareholders don't want to see the CEO paid more than is normal for companies around the same size considering under performing
SHAMEFUL-Chuck and the ELT at Four Seasons in Hawaii This Week
Field Sales Party with select employees AND spouses flying first class to Hawaii Sales down 20 percent, but don't worry, as the recent Layoffs will cover the $200M+ cost for this week's boondoggle
Leaving to a competitor
Seriously thinking in resigning soon and going to a competitor (Direct big competitor), and I don’t want to have a gap in my income, so thinking in quitting on Friday and starting on Monday with the new job. I was told Cisco will terminate you... — read more
Cisco protects managers and long-tenured staff, by any means, no matter what...
Cisco protects managers and long-tenured staff, by any means, no matter what, and justifies their bullying or harassing behaviors. That's what HR and Ethics do.
Sales is asked not to meet customers anymore
as a sales vet I love to be in front of customers. After the pandemic, I was out for 3-4 days a week again but what Jeff is asking us to do, is 2 more days training, new tools and processes with the result I hardly can go out meeting customers as... — read more
Is Cisco stock a good investment?
Trying to invest my savings into NASDAQ: CSCO and hoping for a good return within a year... Thoughts?
Is QA engineer salary same as software developer
Any idea how much is difference
Is anybody else worried about the future of severance?
I'm almost hoping to be laid off while severance is still somewhat decent. I've been hearing horror stories from friends who work at other companies where people with 10+ years would get four weeks and that's it. What are the chances something like... — read more
Is Cisco in conversations to be acquired?
Hi, My friend who works in a hedge fund told me that there is rumor in the market that some of the Cisco exec are in conversations with a potential buyer. I have a good chunk of Cisco in my portfolio after last week dip I was planning to dump it... — read more
Reported Harassments & Bullying but concluded that allegations are not substantiated and no further investigation.
HR said: We have not found any evidence. We are satisfied that the investigation was conducted in an appropriate manner. You were not in a position to identify any witnesses to this allegation, nor did you provide the names of any colleagues you... — read more
Layoffs will continue at Cisco until there is strong, sustained growth
Because there is no one left in the company that can create strong, sustained growth, management can only squeeze out profits for Wall Street by cutting costs. The unfortunate reality is that continuous cost-cutting only exacerbates Cisco's... — read more
US Commercial Consolidation and LRs
Commercial consolidation and LRs are coming. The Commercial performance in Q1 was an all time worse. Too many old school AVPs, ODs, and RMs that are unwilling to change. Some of them are going to be managed out of the business. Each area is going... — read more
Asked to look for new roles
Folks, I'm in a toxic team that is getting re-orged and I've been asked to look for new roles. My mental health is affected and I'm considering going on disability leave. Will I still be able to recruit for internal roles while on disability leave?... — read more
How are sw dev teams in DSE org, specifically teams working on Cisco 8000 series?
Are these teams safe from layoffs? Is the work important? How is the culture in Bay Area?
Splunk Sued for Alleged Misrepresentations in Cisco Buyout Proxy
Splunk Inc. and its directors allegedly misrepresented key details about a proposed acquisition of the company by Cisco Systems Inc. in a proxy filing, according to a shareholder lawsuit filed Friday. The software company and its board issued the... — read more
Please
To Cisco managers, You don't empower people with proper communication and action. But you still want people to be motivated. You are mediocre, but you want people to be excellent? Employees, be rod-valiant with these kinds of people and colleagues. — read more
5 year Anniversary
What changes upon 5 years at Cisco? Increased PTO or just increased ability to bank PTO? Anything else?
12% drop????
... wiping out 1 year of gains in a day. CSCO is such a stupid stock, doesn't even keep up with S&P growth. I'm holding about 3k stocks and feeling the pain of today's 12% drop 😓
Take pride, be professional or seek life elsewhere
It’s rare that I actually visit this site and read posts and comments; however the negative ranting and complaining is nothing but worthless bllsht. If you don’t like this company, leave and move on. For those of us that care about this company -... — read more
Illuminate Today
Is anyone watching this? It seems so disconnected from the pressure of the work we have to do. In the few minutes I've had it playing in the background while working on numerous Powerpoints, prep for performance reviews, juggling meetings to be able... — read more
Cisco Outsourcing to lose customers, this is great, stock went down 14% this morning
anyone understands what most TAC are speaking?
FY24 bonus payout
IPF x company performance (0) = 0. Its going to be a lot of unhappy people Time to fire CR.