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
Alpharetta Closing?
What y’all hearing?
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
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
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.
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.
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.
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!
Americas Sales LRs
What does the cuts look like in Americas Sales
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
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?
How much passive cash flow do you have to buffer a potential layoff?
I'm just starting out and I have $5K net annual cash flow from a investment property. What about you? Please specify whether if your amount is per year or month.
10k and existing several business areas?
Is that accurate??? which areas???
this should go without saying
if you're an employee now, back up your data before "impact" on Feb 14.
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
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!
10k employees will be laid off this time
https://twitter.com/MacroEdgeRes/status/1756016887199084642
Reuters got a scoop
https://www.reuters.com/business/cisco-cut-thousands-jobs-it-seeks-focus-high-growth-areas-sources-2024-02-09/
It. is just a job...
if you got laid off, just find a new one.
AI technology was there 40 years ago, AI took off after NANO mature recently
Biggest part of AI is NANO technology. Even NANO technology took last 20 years to mature You want AI too? Cisco should be in antique business opening antique stores selling antiques on the street? Or should I say Cisco needs to be selling in flea... — read more
We are one big happy family
Albeit a very dysfunctional one.
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
Lawrenceville Campus is Closing
Remaining people to be laid off or forced to work remote.
When I saw " to focus on high growth market" I almost p-e-e into my own pants
Focus on high growth market? Biggest joke! We should ask what's Cisco capable of? Besides knows how to parroting AI? Cisco is telling the world Cisco itself knows it's a los-er but still wants to have a nice pie everyone else having.
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
Severence package!
What is sev package looking like this time?
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
Downward spiral since Scott Herron came on board
Poor capital allocation decisions lead to constant layoffs.
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
Welp, Layoffs confirmed - "thousands"
https://finance.yahoo.com/news/cisco-cut-thousands-jobs-seeks-175409508.html
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
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/