LR's def happened in February but on the red badge side.
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A small size LR will serve and will not need to announce. If you guys stay in Cisco for 3+ yrs you should have seen this few times. After this silent LR, a big one will happen.
Can't RTO when even CR doesn't live near HQ anymore
Layoffs 7-10% in Feb
- 33333% repeating of course
It will be exactly 3.1415926535.% +/- 2.87%
For the millionth time, Cisco said last August they were going to get rid of a total 5,600 employees with a $1B charge, where $200M-$300M was set aside for a second phase.
Assuming the cost to layoff an employee is relatively constant take 20%-30% of 5,600 and you get 1,120-1,680 bodies. If you guess Cisco has 84,000 employees now that's 1.33% to 2% of the total staff. Given the uptick in questions about PIP over the past few months I would guess that PIP could be used clear out this many people if they wanted to avoid doing formal layoffs.
A quick trip through the Google machine with "large corporation healthy attrition rate" and the results say anything under 10% is considered healthy, so using attrition is another option.
I've seen no public data on how many actually went out in the first round and another trip through the Google machine shows Cisco does have job openings, and historically they've done hiring during many past layoffs so odds are unless you are a deep insider you'll never know how many were laid off, how many were PIPed, how many left on their own and how much back filling Cisco did over FY2025.
- CR was very clear. No LR in Feb
The rest will volunteer due to RTO policy
it would actually be amusing to see the chaos this would create, although Cisco has gone too far down the path of having staff all over the place to reverse now
- Final round to wipe TAC in Belgium
- Massive LR in Splunk
- The rest will volunteer due to RTO policy