Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

US Commercial Consolidation & LRs

As part of the high growth focus and restructuring announcement this coming week, in FY25 US Commercial will be consolidating regions. It simply does not make business sense to have regions that only do half of the business of other regions. This... — read more 

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| 2020 views | | 6 replies (last February 14, 2024)
Post ID: @OP+1r1Opt8H

Economy is Booming…

Don’t worry, you can easily get 3 part-time gigs to help the job numbers and replace your 1 job

Reality 2024: What Happened?

Long-term turn-away from using profits for technological innovation; instead of for the ongoing obscure currently popular social themes of that current year. Devaluing prior, proven high-earner senior technical development contributors... — read more 

FB Page for ex-Cisco Help

My second visit to this site in last two days, probably after over a year as I left Cisco in 2022. Really sad at the state of things as several of my esteemed ex-colleagues got LRed during last year at various times, some very senior folks. Just... — read more 

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| 1505 views | | no replies yet
Post ID: @OP+1r11RYu1

From a former employee with love!

For those SEs or SAs who will be affected by the upcoming LRs, remember that there's always hope for a brighter future. * I, too, faced a difficult period when I was personally affected by layoffs, which can often feel impersonal, though in my case... — read more 

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| 1423 views | | 3 replies (last February 12, 2024)
Post ID: @OP+1r1pgzSu

cisco lost to juniper

Citing high growth initiatives and AI is the reason for upcoming mass layoffs, it is evident that cisco lost to jnpr in AI space, particularly to Mist.

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| 1232 views | | 8 replies (last February 12, 2024)
Post ID: @OP+1r1yzdxt

Sales Artemis Overhiring

Who was brainiac in sales leadership that hired a ton of extra sales folks 4 months ago? Nobody even knows what they are supposed to be doing. Now a big layoff - what a way to run a business.

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| 1141 views | | 5 replies (last February 11, 2024)
Post ID: @OP+1r18Npn0

Cutting People Managers and Directors during this LR cycle

Too many managers and directors layers in Cisco. There are no reasons to have so many layers of un-productive people managers while pressure is on to cut resources who are responsible for products, services or support.

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| 2780 views | | 17 replies (last February 12, 2024)
Post ID: @OP+1r1eUWqg

The Real Number…

People telling you they know the number are full of BS. We know it’s between 10k and 20k from credible news reports. Beyond that it is pure speculation. Avoid the noise!

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| 2180 views | | 5 replies (last February 12, 2024)
Post ID: @OP+1r15mHG0

Approximately 5,160 employees are impacted.

1-1s and team meeting invites are being sent out... Your managers have a 02/16 deadline to hand in talent assessments and/or PIP discussions. If impacted, starting 02/12 your work will be monitored (legally) until you're released. Severance package... — read more 

High Cisco exec pay causing layoffs

Senior Directors make upward of 1M+ at Cisco. Not to mention these holes get deferred executive plans where they keep their RSUs and Cisco pays taxes of vested RSUs. None of these fools driving the company into the mud are laid off. No wonder our... — read more 

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| 1530 views | | 5 replies (last February 12, 2024)
Post ID: @OP+1r0PXd7j

Global Downturn or just US?

Where do you see this going overall? Seems like many companies are laying off full time workers in favor of doubling part timers, making job numbers look better. Thoughts?

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| 1140 views | | 8 replies (last February 11, 2024)
Post ID: @OP+1r0mCPoB

Morale on the Edge

Working in sales at Cisco comes with its unique set of challenges, but perhaps the most daunting of these is the quarterly imposition of LRs (Layoffs). The unsettling reality is that performance often plays second fiddle to where you stand within... — read more 

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| 1880 views | | 9 replies (last February 10, 2024)
Post ID: @OP+1r01Ncbv

Anyone heard if ER offered this time?

Wondering if anyone has heard if they will be offering early retirement this time? If they want to get rid of some of the 50+ employees good way to do it!

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| 1600 views | | 5 replies (last February 11, 2024)
Post ID: @OP+1r07c4lj

Reuters got a scoop

https://www.reuters.com/business/cisco-cut-thousands-jobs-it-seeks-focus-high-growth-areas-sources-2024-02-09/

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| 1250 views | | 2 replies (last February 12, 2024)
Post ID: @OP+1r0JTMJD

Cisco didn't promise lifetime employment

Cisco is operating a business and not a charity. They have every right to do layoffs and do what they think is right for their business. Likewise employees have freedom to quit and leave. Cisco is not obligated to keep you on payroll for life. Stop... — read more 

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| 2670 views | | 26 replies (last February 12, 2024)
Post ID: @OP+1r02PjRj

RSU vesting

I'd you are part of the LRs and are given the 60 days or 90 days and you have RSUs that are scheduled for vesting in that period, does one still get them as a Cisco employee or do you stop being on the payroll and being a Cisco employee once... — read more 

Some very irresponsible people here

Even after Cisco lay you off still looking to go back. These people need to take some psych pills. Blaming on chambers Chuckie Fran Maria shows you're totally irresponsible. A company has to run it's business, laying off people is part of running a... — read more 

I once heard John Chambers say…

I used to be at Cisco back I the day and found myself in the same elevator with John Chambers. He was rehearsing a speech for an all-hands and kept murmuring ‘I want for Cisco to be a company you want to retire at’, only to implement more layoffs... — read more 

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| 1170 views | | 6 replies (last February 10, 2024)
Post ID: @OP+1qZyjETb

7 colleagues laid off today!

Yet another of mgmt gimmicks just 10 days back our mgmt said that our cloud group is growing and safe and that we should not worry and just today announced layoffs. The worse is they are letting go of seniors / seasoned employees who were actually... — read more 

do not be surprised

cisco is living off it's 1990's tech and culture. grasping for relevance ever since. boards and councils bs meant they missed the cloud -- a huge strategic error for JC. his legacy is steering what was a great company into long term decline. it... — read more 

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| 1080 views | | 5 replies (last February 10, 2024)
Post ID: @OP+1qZXDwKD

Why do you work at Cisco?

I was at Cisco once and drank the Koolaid. Was well-comped to start, but zero raises made me fall behind. Plus, layoffs are incessant. Never going back.

Impacted Groups, Technologies and Segments

Post of what do you hear and the potential impact? Groups: Engineering, Sales, Overlay Sales, CX, Marketing, ... Technologies: Network, Data Center, Security, Collab, IOT Segment: Commercial, SP, Federal... — read more 

Thousands?

That can’t be correct https://www.reuters.com/business/cisco-cut-thousands-jobs-it-seeks-focus-high-growth-areas-sources-2024-02-09

It's official. Layoffs

https://www.reuters.com/business/cisco-cut-thousands-jobs-it-seeks-focus-high-growth-areas-sources-2024-02-09/

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