Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

I used to be so proud to work for Cisco

Now I feel like I'm working for a company that's past its prime. Feels like we are constantly changing our message and our direction -- like we are lost, a boat adrift at sea. Layoffs are becoming the annual sacrificial offering to the shareholders... — read more 

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| 2020 views | | 4 replies (last August 5, 2016)
Post ID: @OP+IIWljXu

No WARN in CA. How about other states?

By law, Cisco and other large companies have to make public their plans for job elimination. You will notice that Cisco has in the past posted all of their LRs. There are no mentions as of yet...and I believe the requirement is 30 days for 50 or more... — read more 

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| 7080 views | | 7 replies (last August 6, 2016)
Post ID: @OP+IHvWORw

The Anatomy of an LR

Let me give you a peek into the workings of an LR (Source: @IGXXwSC-1gdx ). About a 3 months in advance you start to see the warning signs. Backfills don't get approved, OpEx gets slashed, budget pressure ramps up. Some examples of budget pressure... — read more 

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| 5240 views | | 14 replies (last September 3, 2024)
Post ID: @OP+IH92Kze

A bit of Cisco history for you

I retired after 40+ years in high tech and the last 20 at Cisco. I was never laid off although I faced many RIFs over 40 years with a number of companies. As a manager, I always told employees to make themselves as marketable as possible both... — read more 

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| 3800 views | | 5 replies (last August 5, 2016)
Post ID: @OP+IHMOWSr

RTP shutting down

The rumor about RTP shutting down/drastically downsizing has been around for a while. I wonder when Boxborough will be hit in the same way? Lots of empty space in the buildings there. Lots of land that was never used to build the total of 8 buildings... — read more 

Cisco is poor

Don't let the balance sheet fool you. Cisco is poorer than they have ever been. With over 70,000 employees, dwindling margins on Hardware and over 90% of cash trapped overseas, Cisco has few options. Why do you think they are 'investing' in teaching... — read more 

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| 3070 views | | 7 replies (last August 8, 2016)
Post ID: @OP+IHm0Zl6

A bit of career advice

Seems like a ton of anxiety and worry over potential job losses. I will give my best advice (whether you work at Cisco or not) Corporations are not your friend, parent or caregiver. it is a transaction, not a 'relationship'. You provide a service in... — read more 

Sweat Money

A lot of Americans never understand you just don't piss away your earned W2 income (sweat income) on useless crap from Walmart and the likes. Money represents freedom. The dollars you earn from your W2 or 1099 if you are a contractor, are soldiers to... — read more 

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| 3720 views | | 3 replies (last August 3, 2016)
Post ID: @OP+IHApsPX

Workforce Transformation in Hi-tech Sector

The reality is any hi-tech company needs to evolve its portfolio, to adapt process and transform its org structure. Cisco has a heritage in delivering HW, which will increasingly commoditise and as with other hi tech firms , it will need to... — read more 

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| 2270 views | | 6 replies (last August 4, 2016)
Post ID: @OP+IGW9bxk

To all Cisco employees - this is the reality

Cisco is looking like a baseball/hockey/soccer/basketball/football team with a lot of old players. As a member of them, I am feeling like an old player that cannot get the long term contract offered by the team management. You always feel you are on... — read more 

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| 2361 views | | 3 replies (last August 2, 2016)
Post ID: @OP+IGYbiNx

Cisco is a corporation

Newsflash folks. Cisco is a corporation. A big, monstrous, soul-less corporation. Cisco don't care. Caring is not what Cisco does. Cisco exists to stay in business. It used to innovate. Now it gobbles up innovators and spits out the bones every... — read more 

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| 1960 views | | 4 replies (last August 7, 2016)
Post ID: @OP+IGHD4dp

Why all the hoopla with 1,000s of comments here?

As he was getting ready to depart, JC was very explicit (on several occastions): LAYOFFS ARE THE NEW NORMAL! Get used to it, it'll happen over and over again. We are in an extremely competitive environment and we are being pressured from all sides... — read more 

Now here we are again in 2016!

Cisco has a severe problem. In 2014 we had the mother load of layoffs to make sure we didn't have to keep with this layoff strategy. In 2015 rumors ran rampant on the next round of layoffs but in 2015 Cisco targeted layoffs to keep in hush hush... — read more 

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| 2510 views | | 2 replies (last August 2, 2016)
Post ID: @OP+IG8fA9h

I was LR'd a few months ago after 16 years.

I was LR'd a few months ago after 16 years. Best thing that could have happened. I am in my 50's and was curious if it had to do with my age. In the separation package there was a whole section with a list of the positions eliminated and the ages of... — read more 

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| 3980 views | | 3 replies (last August 2, 2016)
Post ID: @OP+IFUgZ7x

A note to Chuckles and the Band

Dear Chuckie and the rest of the clowns at the top, I know you and Fran and everyone that's part of the"ELT" are reading these comments at this site. This is your transparent Pulse survey. You talk transparency. Well guess what, all the views and... — read more 

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| 6390 views | | 7 replies (last August 1, 2016)
Post ID: @OP+IEWMqwF

Age Discrimination - You don't have to put up with this

There have been many posts indicating that Cisco is targeting employees based on age. This is illegal. In California, the Department of Fair Employment and Housing DFEH is the state agency charged with enforcing California’s civil rights laws. The... — read more 

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| 4830 views | | 8 replies (last August 1, 2016)
Post ID: @OP+IEugXXh

August Layoffs

This is a post from last year, August, the same story... Watch out for dates prior to RSU vesting Large layoff took place the week of August 10th 1 month before RSU vesting on 9/11- Kelly Kramer the CFO didn't want to pay out the vested shares so... — read more 

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| 4190 views | | 4 replies (last August 1, 2016)
Post ID: @OP+ID55aJ6

Sales Notifications Next Week (due to GSX)

I've been told by someone that is giving a notice in Engineering it will be Aug 17-18. It is possible they will do Sales Notifications next week because of GSX. However, they don't like to surprise Wall Street. So I think it is unlikely they will do... — read more 

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| 3320 views | | 4 replies (last August 2, 2016)
Post ID: @OP+IDyEJrm

My Severance Package

I was laid-off in February after a 2 week notice. 60 days of in lieu pay 60 days severance pay PTO converted into cash 4 months payment for COBRA coverage Received mid-year bonus b/c I was still an employee when Q2 closed And I'm still looking for a... — read more 

August 18th is the first round.

Notifications on that day. No further details about the package or which groups. Rumor is Cloud and UCS groups which are under Biri Singh are in the first round. Don't know about David's groups.

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| 3201 views | | 1 reply (July 30, 2016)
Post ID: @OP+ICpCEq1

Email Announces 5 Dropped From Project Immediately

So the project I am working on just received an email announcing the names of 5 people being let go, I do not know if they are RED or BLUE but it is sad when you affect someone's life this way.

Annual Hunger Games

We have been instructed to LR 10-20% of our employees this time both red and blue badge. I have been helping my employees find new jobs at other companies it makes me sick to play this yearly hunger game. Wonder what they would do if none of us... — read more 

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| 3070 views | | 1 reply (July 29, 2016)
Post ID: @OP+ICsMI5z

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