Thread regarding Intel Corp. layoffs

Cisco is about to lay off 7,500 in the US

The board is warming up, we have some company here at layoffs.com (at last) - there you go: &cisco-systems or https://www.thelayoff.com/cisco-systems

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| 1583 views | | 9 replies (last July 26, 2016) | Reply
Post ID: @OP+IyZzlKc

9 replies (most recent on top)

Meh, it's all speculation. Typically they lay off during the last week of the quarter (this week/ July 25). They'll probably do another Limited Restructuring (they do them every quarter now) where they reduce headcount in San Jose by 100-500 and get rid of older workers. Gotta make way for fresh blood with little experience (check out LinkedIn job postings). Let's not kid ourselves -- this is all about big companies with slow growth trying to make their quarterly numbers. Cisco keeps acquiring technology and has to get rid of costs somewhere. Easiest to lay off employees and borrow money for stock buybacks to inflate stock. It's a big game.

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Post ID: @1rfc+IyZzlKc

Cisco site is much more civil then Intel

They also have a Global workforce, chinese, Isareli, Indian

Just less racist. Higher Global workforce than Intel

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Post ID: @1pcz+IyZzlKc

The few posts I read appeared to be troll free. Everyone seems nice and polite over there. I hope some of that rubs off over here.

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Post ID: @1bgq+IyZzlKc

We should all flood their page with welcome to layoffs.com messages

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Post ID: @1vnm+IyZzlKc

@1lxd you found one

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Post ID: @1etv+IyZzlKc

@1lxd you found on

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Post ID: @1flu+IyZzlKc

Lol. Welcome to the real world of the Obama economy.

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Post ID: @1xpt+IyZzlKc

@awq Define legacy tech...does Apple qualify?

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Post ID: @1lxd+IyZzlKc

Find me one legacy tech company that is not having major cuts.

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Post ID: @awq+IyZzlKc

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