Can’t share details at the moment as planning is still very early. Target timeframe is calyr2q
Who Is Hiring in the Bay Area?
It's wishful thinking in this economy, but I'll ask anyways. Are there any tech companies hiring?
How do they do it? Call? Conference with HR?
Do you know how does the actual act of communicating that you've been laid off happen? What do they tell you? How long does it take?
1:1 invite
will they be onsite or online? anyone got one so far?
Truth Poster @OP+15VXSqI7 Was Right
The kept deleting her posts and she was right all along. Makes you wonder who gave the directive to delete her posts?
To Everyone Worrying
From someone (old-timer) who has been through the LR cycle... Don't worry. You will emerge from the other side. Most likely happier. Try to turn your brain off and sharpen your skills. Always. If technical, make sure you are up to... — read more
Cisco best place to work 2020 !!!
https://news-blogs.cisco.com/apjc/2020/07/21/cisco1bestplacetoworkaustralia/
What is a reasonable estimate for the health insurance replacement cost if one is affected by the LR/ER (in the US)?
Not having continued health insurance is the most worrisome part about losing my job.
Why are legit posts being removed from layoffs.com?
Cisco PR police now calls the shots here? Corporate comms and HR... Wow
AUGUST 2020 Thread
Here is our initial August 2020 thread https://www.thelayoff.com/t/15KLQA7J or @OP+15KLQA7J
Leadership Managers Meeting on Thursday
I’m sure more details will leak after that meeting
Good riddance, KK
She won’t be missed. Hope her cronies from GE get sacked next. Watch our sales take off from here.
Red Stapler and Basement Office Available
If u are too young to get it, you won’t get the ER pkg. either. 😂
Costs Associated with Exit or Disposal Activities.
On August 12, 2020, Cisco announced a restructuring plan, which includes a voluntary early retirement program. Cisco will take action under this plan beginning in the first quarter of fiscal 2021. Cisco currently estimates that it will recognize... — read more
What are the real details of this Early Retirement offer?
Is the early retirement for those who meet age plus years for 60 or 70? What do you get? When will it be announced?
Earnings fine print 900 million in severance •boom•
Investors.cisco.com
Q4 revenue down 9%, Q1 revenue forecast to be down 9-11%
Bad news. Big LR eminent. ER on the table too to get rid of high earners. More coming....
AUG18 ER + LR 20% WFR TARGET 70 AGE+10 - part2
deets to come in future post.
Awards Cycle
Is there an awards cycle this month? I've heard yes and no. Seems like with all the T&I money saved there'd be enough in the bank to do one. Thoughts?
Another VP in Switches and Routers — GONE!!
Just a few weeks after being promoted, a newly minted VP who’s been with Cisco for years is gone. This group has lost SVP, VP, Sr Directors, and Directors in a couple months. Switches and Routers are done. SDWAN is doomed.
CX Red Badges in RTP got terminated...
CX Red Badges in RTP were terminated back in April, they were told their positions were moving to Colombia, despite good numbers stated the week before. ¡Ay, caramba! Projects are pretty new, with new customers being assigned all the time. Only... — read more
WFH through end of year!
So we continue to WFH until 2021. How do people feel about that? I believe the policy applies to US, Brazil, Mexico and another pandemic hot spot I cannot remember.
NEXT WEEK: BLOODBATH
Next week 8000 or more from what i was told will be quietly LRd. NDA will help min the press coverg
When are next layoffs?
Does anyone know when the next layoffs are going to hit? Is there an offer of early retirement? When should I expect a 15 minute call on my calendar? Is Cisco laying off in small? I don't think it's a big revenue generator but not sure.
TPS Reports
Anyone else noticed that Cisco has gone off the rails lately with useless reports. I'm in Sales, and its gotten to such an extreme level that is about all we do now is fill out spreadsheets, PPT decks, plans, etc. Only to be stored on a file share... — read more
Love the job I do
Learned my role is going away. I suppose I could complain and say ‘invest in your employees’ instead of outside causes. Wouldn’t change the result anyway.
Cisco Wrongful Death Lawsuit
Anyone know the story behind this? https://www.bizjournals.com/sanjose/news/2020/07/30/cisco-wrongful-death-lawsuit.amp.html
Why do admins delete select posts....
Just let the comments stay out here and let the audience decide what is good or bad. Why do we need the admins to shield us from bad or offensives posts......? I several posts deleted over last week.
Ready for 25% pay cut without layoff
I’m ready for a 25% paycut.. as we know many engineers are paid high. It’s ok to take paycut rather than job cut?
10% pay cut for blue badges
Anyone heard this? It sounds like major layoffs may be avoided, but pay packages impacted.
Canada missed their number again!
Third year in a row! Change leadership or LR more journeymen (and women)?
Hostile Work Environment
I recently had an HR case opened against me because someone complained about my social media posts. Been with company 10 yr and never had a complaint for ‘wrongthink’ What happened to this place?
How happy do you think our customers are?
A hones question: How happy do you think Cisco's customers are?
Intel starts to clean up house. When will Cisco do the same?
https://theprint.in/economy/intel-fires-its-indian-origin-chief-engineer-murthy-renduchintala-for-production-failures/469393/
Early retirement?
Any word on early retirement?
Cisco hiring freeze, verbal confirmation given
Hi folks , I got a verbal confirmation on May 15 2020, as software engineer grade 8, in hyper flex team. Later that week recruiter says the position went on hold as they need ops director approval. He says after a month FY Budget will be out in July... — read more
Cisco Australia best place to work
https://news-blogs.cisco.com/apjc/2020/07/21/cisco1bestplacetoworkaustralia/ Best place to work As long your not part of the constant annual layoffs.
Cisco to sell off entire campus
I cant share the site. It is a significant overture of a divestment strategy that likely indicates a significant people reduction here.