Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

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.

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 

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| 2080 views | | 5 replies (last December 7, 2023)
Post ID: @OP+1pUHJPi1

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 

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| 3180 views | | 7 replies (last December 6, 2023)
Post ID: @OP+1pT9wtaQ

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 

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| 1950 views | | 7 replies (last December 6, 2023)
Post ID: @OP+1pT1bFc0

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 

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 

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 

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 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 

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| 4620 views | | 18 replies (last November 30, 2023)
Post ID: @OP+1pHx2hak

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 

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 

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| 2810 views | | 9 replies (last November 29, 2023)
Post ID: @OP+1pFJHuJ1

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 

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 

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| 1393 views | | 2 replies (last November 18, 2023)
Post ID: @OP+1pDonDsU

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 😓

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| 2250 views | | 6 replies (last November 20, 2023)
Post ID: @OP+1pDjGkjQ

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 

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| 3030 views | | 24 replies (last December 4, 2023)
Post ID: @OP+1pCg813D

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 

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| 1770 views | | 2 replies (last November 16, 2023)
Post ID: @OP+1pC0Hhe5

FY24 bonus payout

IPF x company performance (0) = 0. Its going to be a lot of unhappy people Time to fire CR.

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| 2431 views | | 2 replies (last November 17, 2023)
Post ID: @OP+1pCLuY5D

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