Big changes happening at the end of Q4. No advance warning this time, no packages to most, just adios
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US economic growth dropped from 2.8% to 0.3% already.
GDP decreasing by 0.3% is a growth rate of -0.3%.
That was Q1 based on fears of tariffs. Tariffs actually hit in Q2 and those on most of the world were later suspended yet another quarter so Q2 numbers still won't be telling. I doubt he'll stop wobbling like a Weeble so it'll remain chaos going forward.
Chinese state media said
hmm
Winning bigly yet?
https://www.reuters.com/world/us-has-reached-out-china-talk-tariffs-state-media-says-2025-05-01/ https://www.theguardian.com/us-news/2025/may/01/us-has-approached-china-seeking-talks-on-trump-tariffs-says-state-social-media
Tanking the bond market
which didn't happen
They will use tariffs as an excuse, most of the cisco left knuckle draggers will buy it. Fact is LC wants everyone and everything done via script or AI. The fact that some of that can actually be done because they are paying 3rd parties to do it. HR, workflow management, all of that is happening right now and the initiatives have been going on for some time. Make everyone a grade higher than they should be - well added cost you can guarantee they didn't plan on. Easy gov't contracts? Gone and for good reason. Remember that every time CR plays like he has a clue and thinks taking a mentally deranged and unstable political stance is the way to go.
Can You Sleep at Night, Cisco HR/P&C? Cisco has become a very sick culture and the poster child of the human cost of corporate greed! The LR packages allow Cisco to legally sc--w the employees while they line the pockets of the Execs. I don't know how someone with a conscious can even continue work in HR at Cisco, as they have to know their job is to pretend employees are valued, and then they stab us in the back. Anyone with lots stock options or over 55 have big targets on your back! Don't worry, we'll call it "restructuring" to keep the brainwashing insanity going.
Tanking the stock market invariably means layoffs for the working class.
Tanking the bond market results in inflation for the working class and everyone in general.
Attacking allies and introducing instability and such sheer incompetence publicly shatters public trust and perceptions. The US is basically trying to throw away its reserve currency status with both hands. This is like ending the petrodollar voluntarily.
You sound financially illiterate, or just willfully glib.
It won’t be the summer of love but of layoffs.
Mark your calendar, bookmark your comment, because it won’t age well. Not your news source and the details are over your head anyway. Enjoy the ride
Stupid post. You DO understand why they do packages, don't you? So they don't get sued. You also realize the severance is chump change to a company this size, don't you? They may one day lessen the package but they won't take it away.
Its not Tariffs, its AI, AI now writes up to 30% code for Microsoft its seems.
I heard we will have to pay back all the trainings they put us through
Heard the same thing. Tariffs will put put forward as the official reason.