Thread regarding Cisco Systems Inc. layoffs

The irony is that the layoff will cause the stock to go up 5% after hours on the "good news"
fcking ghouls

November 13th
12,000 LR announced on earnings call
1-1s start the following day. 2 months to find a job internally and 4 months pay (6 months total)
Last Day January 16 to allow for WARN notices to be filed)

Hiring Freeze
Partner getting really bad news next week
360 is a disaster
AI is not working

everything sent to INDIA

plot twist: these are all former DEI departments that are no longer necessary

Amazon, UPS, Chipotle, McDonalds, Starbucks, Intel all cancelling Cisco orders

its bad out there folks

you think the Oligarchs are building their bunkers and robot army to serve you?

Amazon 14,000 layoffs: CEO made over $40M last year.
UPS 48,000 layoffs : CEO made over $24M last year.
Intel 20,000 layoffs. new CEO pay package is $69M.

@h9
great post. it is always how ELT enriches themselves. always

they need enough to pay for next years "greatest place to work" bs

Cisco has approx 85,000 employees

lets look at this logically.
5% = 4,250 (not enough to move the needle. bad publicity. zero upside)
10% = 8,500 (marginal cost savings)
15% = 12.750 (enough to goose the stock and give big payouts to ELT)
20% = 19,000 (too much. would adversely affect stock price)

AI is proving to be a short term burst and a long term loser. They are cannibalizing their core business (networking and security) by going all in on AI.
Cisco's partners are getting a rug pull next week which will make even more of them abandon Cisco for more beneficial relationships.
Why buy a bloated "nvidia-powered" Cisco AI stack when you can get it low cost straight from Nvidia (or DIY, or from 100 others, or just use Azure, Google or AWS, or...)

Webex, for the uninitiated, is just Zoom that is expensive and hard to get working.
and you likely already have MS Teams for free.
Cisco Firewall still su-ks. bad. real bad. laughing stock bad.

lots of fat to cut. i'd bet on 15-18% cut (12-15,000 employees)

@ah the announcement date is completely irrelevant. it will happen on the earnings call or the day after. OP was probably just approximating mid-month

The layoffs are accelerating...

US Federal Government laid off 300,000
in various waves throughout 2025 which was about 15% of the federal civil service workforce. cited Department of Government Efficiency (DOGE) initiatives to reduce bureaucracy and root out "DEI" programs.

UPS laid off 48,000
in October which was 10% of their workforce. cited shift to automation, reduced Amazon business volume, and cost efficiencies.

Amazon laid off 14,000 (most likely 30,000)
in October which was 1% of their global workforce. cited rapid AI advances enabling leaner management layers and faster innovation.

Geico laid off 30,000
in May which was 60% of their workforce. cited broad workforce reduction from 50,000 to 20,000 employees amid economic pressures.

Intel laid off 21,000
in April which was 20% of their workforce. cited organizational restructuring to empower engineers and improve execution ahead of earnings.

Chevron laid off up to 9,000
in February which was 20% of their workforce. cited cost reductions and business simplification following Hess acquisition.

Microsoft laid off 9,000
in July which was 4% of their global workforce. cited ongoing reductions to align with strategic priorities.

Novo Nordisk laid off 9,000
in September which was 11% of their workforce. cited competitive obesity dr-g market and shift to performance-based culture.

BP laid off 7,700
in January which was 5% of their workforce. cited simplification program to lower costs and build resilience.

Nestlé laid off 16,000
in October which was 6% of their global workforce. cited prioritization of high-return businesses to save 1 billion Swiss francs by 2027 (primarily US-impacting white-collar roles).

Add Disney to the list.

10,000 confirmed

AI bubble is popping.
Meta dropped 8% after hours
Microsoft dropped 5%

Nvidia is a 5 Trillion company
they make the shovels for the AI goldrush and the circular economy between Nvidia, Oracle, OpenAI is an artificial bubble inflater. There is no justifiable explanation for the valuation. subscriptions? nope. AI Infrastructure spending? nope

if it smells like a bubble it probably is.

as an example, openAI is now resorting to peddling po-n and is about to lose a huge copyright case. they are private which hides a lot of financial toxicity

My guess, as first found on this highly informative site, is they will eliminate 110%

@a4 hope so!

Around 70,000. Cisco is fu---d.

@a3 please do some work before posting. Nov 15 is a Saturday.

If you follow Cisco LR blue print over many quarters, notifications are always next day to the earning call, which is Wednesday, Nov 12.

Earnings Nov 12
Notifications Nov 13,
Exit date Jan 13.

Take the money and run.

15,000

Cisco is losing bigly and the Nvidia/ NOKIA deal is just another shot across the bow

The focus is on developing AI-RAN (AI-powered Radio Access Network) solutions for 5G Advanced and 6G networks AND using

Nokia's Datacenter Switching Solutions...

ya mean Always Indian in India doing AI?

AI can do your job

Next Cisco LR will be massive.

10% around 8,000
layoff announced nov 15th
last day january 15th

my guess is 12,000 (15% of global workforce)