5/13 is the next earnings date, and layoffs will likely follow.
They may not be announced publicly.
They may just happen quietly in the background. No WARN, no PR releases - just silent cuts. People disappear.
Contractors have already been sent home. Many red badges have been eliminated already.
AI efficiency is starting to take hold across corporate America, and Cisco is not immune to it.
I downvote fake posts about LR.
Not downvoting this one.
@ft sbg vp confirmed layoffs are happening in may
@nc no mo--n. will file WARN on the same day LR happens. They then keep you on payroll for 60 days to avoid penalties. For fu--s sake why cant you ppl understand how this works?!
No, it will file WARN.The last day is 7/12, around 7% headcount reduction.
@g8 we don’t have evidence that climate change is driven by human activity either, but still…
@g8 it's just clockwork meme. every quarter, someone will say either day after earnings call or Monday after there will be LR.
Fake news! Nobody here has any evidence of pending LRs.
@ft well then keep the sh-t to yourself ! Simple as that! You sound half a-s just like OP! How many people on here keep spreading mixed stories all for clout?! I can tell you a bunch of people and guess what! Half of the time it’s garbage and or not even close to true. Last year was the same thing. Earlier this year the same thing was said to happened “oh it’s going to be a blood bath!” Now y’all are spreading more BS again! If you have no proof of something that states a yes or a no something is coming, then keep the sh-t to yourself! Period!
There will be one (for some BUs) in May and another (bloodbath) for other BUs in August.
The list for May was done. The August list will be done in the next 2 months.
You guys are a trip. You come to this site wanting to know if there are LR’s.
People say there are coming LR’s in May.
You cry BS and demand an exact reliable source and refuse to believe.
Come on man, you all know the OP’s telling you there are LR’s can’t give up their source because it would come right back to themselves. If you don’t want to accept what people tell you then stop coming to this site.
Also, YES THERE ARE COMING LR’s IN MAY!
@a7 Why would you take his word without any known facts?! OP said everything from assumption and probably used GPT assumption. LR’s are not until August
@ay no because that is only an assumption. Not a fact. No one has said with facts it will be in May. It’s going to be in August.
Op! Not necessarily! Nothing will be announced until August.
Bottom line, you will only know if you are impacted or through a close friend who cares to tell you.
Life goes on unnoticed unless you’re impacted. You will never know who and how many. Sigh of relief few days after earnings.
Cisco keeps it a secret. 🤫
They may not be announced publicly.
yo, every quarter there are LRs at some corner BU of cisco, nothing new.
Let us know if have reliable info about LRs that will be publicly announced.
"Shortly" should be read as "Within days".
They may. They may not.
Bullsh-t
@OP I'll take your word for it