Thread regarding Cisco Systems Inc. layoffs

Did I get this right?

The next round won't happen at least for a few months, right?


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Post ID: @OP+1kry8q552

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@as

it does look like a similar pattern. if so then expect another LR in november after Q12027.

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Post ID: @h3+1kry8q552

@ah the 1B is for the recent 4k LR. it's just that 450M of it will hit the books in this Q and the rest next Q. since they remain on payroll for 2 months but other payments come after that. the entire cost isn't all realized on the same day.

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Post ID: @at+1kry8q552

It could be a similar pattern to the 2024 LRs, when I was let go.

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Post ID: @as+1kry8q552

Yep, likely August / Q1.

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Post ID: @ar+1kry8q552

8/20 - is the next most likley date. It will NOT be announced as CR just did that last week.
It's already baked into the financials for FY27.. Thus there will be no announcements in FY27.. just execution on the 1B in funds set aside...

DO NOT expect a public announcement.
DO NOT expect a WARN notice.

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Post ID: @ah+1kry8q552

From what I’m sensing, it seems like LR for August is already being planned.

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Post ID: @af+1kry8q552

Next round is August, it's always August.

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Post ID: @a8+1kry8q552

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