Thread regarding Cisco Systems Inc. layoffs

@OP does a bear shït in the woods?

@OP my reliable source revealed another round in August Q1/27. VP will have the list by the last week of July!

e.) 100% - Death and taxes

Its (e).
It is needed for CSCO to touch $150 by year end.

Does it really matter which month the next layoff will happen? Layoffs will happen routinely for the foreseeable future. Assume you will get caught up in it and plan accordingly. You will be better off whether you get fired or survive. If you continue through your life like nothing is going to happen you will be unprepared when it does happen.

Just looked at the global Tech sector - the cost reduction or cost shift will continue in 2026 and 2027 along with AI build-up/conversion. So company will use that to reduce expense or to shift $$$ to AI investment. Therefore, CISCO will continue to do so as needed. The BUs that are currently struggling will get more squeezed by CFO office. Just looked t Meta, it has been a continuously reduction. Not saying CISCO will do so but the logical prediction for struggling BUs will continue to consolidate and reduce. They can be ranged from management flatten up, reduce duplication, or AI substitution.

Useless to predict this anymore, for ICs, it is more useful to focus on mater transferable skills(TS) so you can get your next job easier. If you cannot or do not want to improve your TS, then you should either save more for the raining day or ki-l off your boss' a** harder. What else?

I think the honest answer is no one knows yet. I personally expect a layoff every year but I wasn't expecting the most recent one (perhaps I am naive). Maybe the people who think the cost is spread across Q4/Q1 are right, maybe they're not.

The best thing you can do is start looking at what (few) jobs are hiring in the market right now and see what skills you can build towards those roles, and keep your resume up to date. This is true for any Cisco employee considering how often we do LRs.

• Signed an employee who is tired of dodging layoffs

My intuition leans more heavily into a November/December LR. Te---r is Cisco's annual company Christmas gift.

Of course there will be more LRs in FY27 (maybe not August tho). CFO wants to continue growing the bottom line faster than top, which means more significant cost reductions.

CFO's approach can only be temporary though...because it penalizes the employees, products, and services (in the form of cost reductions) as a 'reward' for increased revenues. This strategy only works to correct an operating model that was over-funded. Once it's been corrected, you must return to a sustainable business strategy. We'll see if CFO does this on his own, or if he must be replaced for it to happen.

@aq not that you know of anyway. also what makes you think all 4000 were let go this time? could be 2000 last week and 2000 in August all from the same budget.

@a8 Nope. No there were no new announcements and no more restructuring charges in released financials. This is all easily verified, you can even ask Ai to check for you. There is obviously going to be another round. But good try trying to keep morale up for the next quarter.

100% in August and every quarter from here on out. They couldn't have been any clearer

@a3 and those later layoffs in later quarters had their expenses from a different budget

@a2 This is bs. Last layoff where money was set aside for restructuring there were lots more layoff in later quarters. If you believe this you are not paying attention.

I've been long been saying that the fact that 550m of the 1b announced for the LR being recognized in FY27 is NOT proof of an August LR. that money is for the May LR, it's just recognized in the following quarter. that said I think the chances of August LR is (d). the money for that will come separately and its cap hit will also spread across Q1 and Q2.