I have a question for any recently laid off Cisco employees regarding taking a position within the first sixty days after notification. I’m hearing rumors that if you accept a position outside of Cisco within the sixty day window that it’s classified as resignation and the severance package is forfeited. Is this true? Nothing I’m reading within the paperwork I’m expected to sign seems that that is the case, but I’m just checking with those who have been through this process before.
13 replies (most recent on top)
@dq And your practice of acting like a ja----s in response to a reasonable question is a great life strategy on your part.
@cs You sound like a real joy to be around. I was respectfully asking a question which could be a real concern. If you don’t know the answer, fine. But you don’t have to be a pr--k.
Your LR notification paperwork includes this information. Your practice of asking interweb randos their opinion on matters best solved by RTFM is a terrible life strategy.
Internal - no severance, external - none of Ciscos business.
@aw so you basically created this whole thread over nothing? Good luck getting a job offer in less than 60 days. You made it sound like you were deciding because of a pending offer. You are going to figure out pretty soon that good jobs are hard to find. If you do happen to get a quick offer the job would be worth more than the severance in the long run. Chances are Cisco would never know if you went to work before the end of the 60 days however, start dates are easy to get information during a background check. If someone, like one of your former work friends, rats you out. If you get the job offer STFU about it and keep it to yourself.
@aw dont ask, dont tell. You will be fine.
@ah First I need to get a new position, then I can negotiate start dates. But the question is whether this needs to be a consideration at all. A colleague who asked HR about it straight out twice has been told to notify HR about the new position and then they would investigate further. This seems like a horrible answer to a reasonable question.
@ae read your seperation documents. Any mention of pay clawback or agreement termination with penalties will be in there.
They are paying in lieu of notice. Your function has disappeared, how can they demand you remain available for a null function?
Can your start date be after the 60 days?
Thanks for the feedback, and it sounds like a plan, but I am curious if there is any truth to this rumor. Anyone run into problems after an LR like this?
@OP don't tell 'em sh-t. They LR'd you! ... you don't owe this company anything!
Simply don’t inform Cisco that you found a new role. You don’t have to. You aren’t expected to work during that period, so it’s not like you have schedule conflicts. Accept the new role, double-dip for 60 days, then officially exit Cisco and enjoy your new job.