Thread regarding Cisco Systems Inc. layoffs

Now that we're over with May Layoff, do we know how many will be impacted in August?

I'm not asking if there is a LR or not (we're past that) but % wise


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Post ID: @OP+1ksm37f1s

9 replies (most recent on top)

6%

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Post ID: @he+1ksm37f1s

August target is primarily sales LR's. Sales is being completely reorg'd.

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Post ID: @ef+1ksm37f1s

@aa+1ksm37f1s

Two things:

  1. Management will lie about it.
  2. Unless they are SVP (or above) they probably have zero actual knowledge of pending LRs.
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Post ID: @bt+1ksm37f1s

Performance issues will get dealt with between now and February. At that point they should have a few that actually stepped it up after getting warned this time through. If you have been a chronic issue over the years you better have been paying attention because odds are very, very high that you are done and rightfully so.

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Post ID: @b2+1ksm37f1s

My management confirmed the balance amount is for EU countries where consultation processes delay the LR. Everything gets concluded by August. There are some very tenured employees in these regions drawing fat paychecks that are likely to be impacted.

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Post ID: @aa+1ksm37f1s

@a7 proof?

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Post ID: @a8+1ksm37f1s

No LR in Aug.

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Post ID: @a7+1ksm37f1s

1 billion total was set aside for this LR but only 450m used this Q, 550m to be used next Q. 4k gone this round so that means about 5k gone next round, that would be like 6%.

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Post ID: @a2+1ksm37f1s

8%

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Post ID: @a1+1ksm37f1s

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