http://www.cnbc.com/2016/08/17/cisco-systems-to-lay-off-about-14000-employees-report.html
Hello from the other side :-)
I was once a Cisco employee who carried out quite a few redundancies. Eventually, I left because of this cold, uncaring approach to loyal employees. The process of reading a script to a loyal employee is incredibly degrading for both parties. Maybe... — read more
7-9% is the number.
7-9% is the number. Company wide but some units might be affected more than the other. 20% is just not feasible. .. it will kill some groups in services, sales, cloud businesses.
Cisco Systems to lay off about 14,000 employees: Report
http://telecom.economictimes.indiatimes.com/news/cisco-systems-to-lay-off-about-14000-employees-report/53733449?action=profile_completion&utm_source=Mailer&utm_medium=ET_batch&utm_campaign=ettelecom_news_2016-08-17
How reliable is the news from CRN reporting 14K layoffs? Reuters also reported the same news referring to CRN article.
Is this a reliable source?
Huh..what did i just hear
While these companies has billions in cash pile why they have to layoff people who helped to take Cisco there? Also whoever survive now has to work like donkey to carry abondon baggage of others.
This is terrifying
As someone who is currently wrapping up an internship this whole layoff situation is terrifying
Will they share name of people layed off??
I was ask to come to san jose campus this week to finish scrum because our project is getting shut down. My team is nervous and hear rumour that chuck or kelly will announce all LR names over loud speaker to the campus on thursday before afternoon... — read more
14,308 Cisco employees being paid off worldwide
14,308 total jobs will be cut: 7642 in SJ 5771 in RTP 895 in other locations Majority of the cuts will be for those reporting to Guillermo Diaz. I started dropping hints to my employees last month but unfortunately in won't be able to let them go... — read more
Chuck going fishing this week ?
I remember years ago Chambers took the whole executive team fishing during layoff week in order to protect the team from anyone who decided to go postal. Anyone been invited fishing with Chuck ? :-)
Dubai office will lose 20% of its staff
The list has been finalised, and the Cisco Dubai office will be firing 60 people. That is about 20% of the current workforce. Previously, the severance package has been 5 months salary (including allowances) and one month notice period, in which you... — read more
wtf2016
New grad here. Masters degree from an American university. I am a U.S. citizen. I started my professional career as a software engineer last year. Reading all the threads/posts here from various experienced engineers from various tech companies, I am... — read more
Working for Cisco = Stockholm Syndrome
I was so proud to get a job a Cisco. I went through 9 interviews... 5 of them in conference rooms with whiteboards and multiple CCIEs testing my knowledge. I've been here 10 years.. and while on the outside I've been very proud of working for Cisco... — read more
Massacre
Massive Layoffs, at least 14.000 workers. Cisco is a shame!!! If your are not lay off consider leave this company immediately. Leaderships are crooks, including Chuck and his master, John Teflon Chambers... — read more
August 18th morning is the notification period. Managers completed their training.
People can stay till September 18th (1 month). The package is 1 month (till Sep 18th) + 1 more month as in-lieu pay + 3 months (for signing no-lawsuit crap) + 1 week for every year above 10 years + 5 months Cobra lumpsum payment. Three managers who... — read more
Brad Reese Cisco Layoff 2016
Why is Brad silent this time around about Cisco layoffs? He typically has it all figured out well ahead of everyone else. This time, not a peep...
Non-managerial G11+ targeted in Engineering.
I'm hearing that this time it's going to be focused on higher grades only. What I heard is that whole concept of senior technical leadership (PEs and Fellows) is revamped, and leadership roles are now being closer tied to respective BUs (and realized... — read more
It's all politics and all subjective
If you do get laid off, just remember it's all politics and all subjective. I had an "X" performance review for years in a row, then after a restructuring started to get "Strong" performance reviews even though I asked for and took in more and did... — read more
Media is already speculating on Cisco summer layoffs
Cisco earnings: Summer layoffs to return? http://www.marketwatch.com/News/Story/Story.aspx?guid=2D8B4E28-6335-11E6-8BC1-2FDC5DAE47E3&siteid=yhoof2&yptr=yahoo
Number I've heard is 11,000
What numbers have you heard?
Retrain Engineers to the digital era
On cec, there is inspiration articles on retraining engineer for digital era. Perhaps those impacted can start looking into this new areas to work. It is new high growth!
The damage to Cisco in this round has already been done
The good Humans (smart, ethical, hard working) will flee. Not right away because that would be irresponsible and they are responsible, loyal people. They have sensed that the cisco brand is tarnishing. The "best place to work" moniker is marketing... — read more
We will all be ok regardless of what happens and remember to treat others the way you would want to be treated.
It's embarrassing to read some of these posts insulting others, writing styles, etc. I get it that people are stressed and worried but at the very least be kind and acknowledge that people all around the world are going through the same process. We... — read more
LR should result in better kitchen conditions
One overlooked benefit of the LR will be cleaner and safer company kitchens. Currently, we have too many Tupperware containers in our refrigerators festooned with toxic foul food of questionable origin. I shudder every time I have to go near the... — read more
We need to talk to Chuck and Bored
Today we hear the facts that our big team will be LR because the Sr. executive managers want to cut cost because they think service providers don't like our platforms. I think this is a big lie from our supervisor who is to lazy to explain the truth... — read more
Voice Recorder app
Bros, install a voice recorder app on your smart phone and test it before the 1:1 discussion.
Cisco layoffs will be announced during earnings call and implemented the next day
I was laid off last year. Its stressful but I found a job before my package ran out. I have better compensation now than when I was with Cisco but I do have to work much harder and longer. I still know managers socially so they share things with me... — read more
Got a surrising 1on1 discussion on carrer goals
I got a surprising 1on1 discussion on career goals with manager. He gave several hints to me to start lookingaround. I appreciate him for his nice gesture to give me hints 3-4 days ahead of time. anyone else got a career discsussion 1on1 yet ?
1:1 Will Be Scheduled With All Employees
That's my understanding, so having a 1:1 will not indicate if you are being LR-ed - check with your peers if you've got an invite - this may be just a discussion where the manager will spend time to reassure you that you are a valuable part of the... — read more
The same individual posted all the 1:1 threads, probably fake
Seems like this is all just a big rick roll
Surprise
Is there any warning to those who were getting laid off or was it a complete surprise shock? Do they give you any explanation? With layoffs supposedly coming around the corner, just curious if I should start packing my cube early. Any input would be... — read more
I too am a top performer in my team (had exceptional, X grading, won awards etc) and have the dreaded 1:1 meeting on Thursday 18 Aug.
I believe it's a short call (15 mins) outlining your package and general information on the next steps. You have 30 days to find another job within Cisco - if that is what your intention is and if you can get an offer which you accept within 45 days... — read more