You didn't miss much. In summary, ELT message was "to su-k it up".

I’m sure there are plenty of folks looking for a way out so would make sense to make voluntary LR an option.

He was looking a bit rough on the call today.

Customer interaction Roles are reduced as delivery needs are hugely lowered with automated processes. Put details as you hear cuts, sometimes the whole teams. Many leadership roles are eliminated. There is absolutely no reasons to have multiple... — read more 

I have an offer which I have not yet accepted. Please if anyone has insights into what is happening there it would be helpful

When are the layoffs in networking BU?

US Commercial Sales will face a restructuring in 2H. Operations and Regions will be consolidated. When the number one region in FY24 is Golf Select, it is a sad representation of the business. Golf Select looks to be a SMB region that has... — read more 

My manager told me today that CX CSE teams are going away and also some of the SPMs. No wonder CSEs are not allowed to attend GSX boondoggle. I guess I am going to be packing next month since they do not want me facing customers. What are you... — read more 

Heard on the beat there’s a pizza party?

Not just tech will be impacted. financials have similar structural issues that will lead to substantial layoffs starting this fall. it’s going to be bad.

I'm reading for Splunk it's 6 months: 2 months to find a job and 4 months severance with RSUs covered until.. November? But I'm also interested in additional severance based on service to the company. 1 year = 1 week extra or two weeks extra? I've... — read more 

Most TAC feel that they're safe from layoffs because they're relatively untouched. Cisco relies on TAC contracts for a big piece of revenue. If they're hitting TAC this time around, then I think that's a sign of big issues. The writing is on the... — read more 

What is the thinking behind and keeping suspense for that long. In Last February LR, everyone was notified before the weekend after the earnings. Informed and done! Only prolonging pain and uncertainty with LR extension unless there are reasons we... — read more 

Never hear that guy speak on the Beat

I never cared before but this one was one of a kind and there were some nice comments in the comments section Was this shared in the past ?

And Cisco will not be more efficient, growing, competitive, and overall better company for it. Layoffs will result in short-lived growth in valuation, upper mgmt will su-k the money out of it, and after it’s over everything will be business as usual... — read more 

Till when will get the accelerated RSU vesting if that's an option even?

What BS. As a direct manager we get told nominate this many people in this country or at this grade or just a by the way Bob is being let go now go get training to tell him in a way which means he can’t sue us.

Unlimited PTO boils down to financial accounting driven by the fact that Cisco eliminates accrued paid time off, the costs of which are a liability within Cisco’s financial accounting. The result of doing away with that liability? It instantly makes... — read more 

Is it 2 months as if working and then 4 months after?

Any news on Meraki

Any more or less at risk?

Healthy companies increase profits by growing. Sick companies increase profits by “restructuring”. 10k+ lives impacted in 2024 - What's the expected number in 2025?

Amazing how we all are talking about PTOs rather than the impact of layoffs. ELT has managed to distract us all

Whoa! Direct axing off teams ! She was smiling and giggling while saying it

They invited a bunch of us into a big 15 minute meeting right after the check-in call. Very impersonal. Anyone know the size of impact? I asked around and it's hard to see which groups had the meeting. I'm in sales.

Has anyone had success negotiating a severance package with Cisco, for example, getting them to accelerate all your RSUs or more severance. I know some Splunkers affected and wondering if they should try.

Post it here, you Crazy Canucks !

Sorry, I'm a conspiracy realist, exactly same posting but different threads, sorry I didn't catch this earlier: @ziq+1u5rRs1u @zvx+1u5OoCIW "Most of the industry has already moved this direction. Is it a boon to the books? Sure. Is it a boon to... — read more 

I think you do but I am just asking

Can we get a summary like last beat? At least we all could use a laugh

Knew some ppl in couple areas.

LRs have started, when do they complete?

Dear Chuck & ELT team, Let me get this straight. ELT announced 7% LR, Why ? Cisco had a great last quarter but bad year. ELT gives guidance at start of year on "earning projection" Who Hires ELT ? their reporting manager, (Board in Chuck's case) not... — read more 

The leadership was hired to cut costs, and are very skilled at that. If your job is to eliminate 15,000 jobs... you don't say your role is eliminating jobs. You market yourself as a CX, IT, Services or Operations expert. Use high-level buzzwords to... — read more