Thread regarding Cisco Systems Inc. layoffs

Rumors about layoffs?

Is any of it true? Can we expect a big round or not? With all the news and a lot of gossip, I really can’t tell if there is any truth to it or it’s just elevated fear.

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| 3422 views | | 12 replies (last August 8, 2024) | Reply
Post ID: @OP+1tTV4bi9

12 replies (most recent on top)

Don't be afraid to do the work and search the board. You should be fired for incompetence.

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Post ID: @1wjl+1tTV4bi9

CSCO one year ago was $58, today it’s $45.
Directors wouldn’t know about a 10K cut, they’d be in it.
To do that sort of number, it would take years and would involve ki-ling complete orgs, VPs and all.

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Post ID: @1eam+1tTV4bi9

@1pwa+1tTV4bi9

Ah yes the strong CSCO stock that’s down ~10% YTD and ~15% over the past 5 years. Very stronk.

We looking at the same ticker?

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Post ID: @1xvu+1tTV4bi9

The stock seems strong recently, no LR.

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Post ID: @1pwa+1tTV4bi9

10,000 is the latest word from director levels

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Post ID: @1azb+1tTV4bi9

umm
why do y’all think they pressed for “talent assessments” in may/june?

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Post ID: @1owk+1tTV4bi9

Go back under your rock ....where have you been all this time ?

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Post ID: @fzu+1tTV4bi9

August 15th, 5 percent this time around.

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Post ID: @nda+1tTV4bi9

The company stated LRs would continue into 2025 before the February 14 LR earlier this year, and with the added population of Splunk, you can count on it.

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Post ID: @qqq+1tTV4bi9

Expect layoffs every quarter.

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Post ID: @vex+1tTV4bi9

It is unfortunate that Cisco is never transparent about layoffs so everyone is on edge when approaching the earning report date and looks for rumors but all the rumors in this site turned out to be true before I was laid off in February.

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Post ID: @uts+1tTV4bi9

For the love of god. Scroll....it's discussed in length!

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Post ID: @svs+1tTV4bi9

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