There will be no Early Retirement (ER) package. Only Limited Restructuring (LR) 'Pink Slips'. The ER ship has sailed and will never sail again. Unless you are one of the blessed 'Leadership Team', you should expect a boilerplate separation notice... — read more
Cisco Layoff - red badge
I'm a red badge and my agency informed me this was the worst layoff they had seen in 13 years! Ive been with Cisco for 5 years and survived 7 layoffs...S E V E N! Blessing to you all.
When will people know?
OK so layoffs are around the corner. Does anyone know when people will be notified?
Nervous, worried...unable to concentrate on work
All this news is making me worried...at the same time I am getting more and more work...everything as usual high priority...whta do do ?
News is going around
The worst part is the interruption to everyone's life during this time every year. Contractor's are not being extended and the FTEs are sitting on pins and needles wondering what will happen to them. Some people are hearing about another ER but... — read more
Any layoffs in CSG??
Heard about all the layoffs ...just wondering if any are there for CSG team.
Rift
Right now, in my group it feels like a 'dog eats dog' scenario - everyone is anxious and people are dancing around their managers in hope they will get a preferential treatment once decisions are made. It's sad to see this happening, it was a fairly... — read more
It's started
People are starting to be told if they are not meeting management expectations....although usually this is because they are not the "pets" or their job has been changed multiple times in a given period. I expect this is in preparation of who will be... — read more
August 2016
Notifications to people are will go on August 18. no one knows the exact number but i guess it will be announced in the August 17 conf call (word is some teams will get obliterated, but all teams have a quota). Add 5% to that as usual (bottom 10%... — read more
On Layoffs...
I am a red badge so take my comments with a grain of salt here... I am here temporary as I will be moving out of country in 2017, but Cisco has way too many layoffs to be a stable and prosperous company... We do annual layoffs - how is that right? If... — read more
Cisco's Waste Of Talent
It was amazing how much great talent and know-how walked out the door with fat packages in '09 and '11. Every of good senior engineer and product manager that I knew landed jobs before the ER kicked in, took a couple of weeks off, and hit the ground... — read more
Early Retirement
Do you know if Early Retirement will be offered this time around and if Cisco will be as generous as in 2014?
8-16% Opex Reduction Across Cisco
Been with Cisco 10 Years, Talked with my Sr. Dir last week. Overall guidance was 8-16% Opex Reduction across the company with a few select teams that will not be touched so some will be closer to 20%+. I believe a 10% cut across the company is highly... — read more
3rd Phase
Cisco has an age and salary cost reduction plan John Chambers has implemented 10 years ago. They did execute two phases of it and now is the 3rd phase ! Basically after he announced dividend and share buyback Cisco came short on REAL CASH FLOW (not... — read more
I miss the Cisco I joined
Cisco was the pinnacle. Even after the dot-com bust Cisco was a master at the partner led ecosystem and engineering prowess. Regular engineers would strive to climb the career cert pyramid and get their CCIE. Fellow employees would write white paper... — read more
Don’t blame the CISCO, blame the lack of leadership
I remember the days when CISCO was a great place in which employees enjoyed to go into and walk out of happy. Back then, we had some great leaders, leaders who had vision and cared about the company and its employees. But now, with this “leadership”... — read more
Cisco ER ??
Any rumors on a new Cisco early retirement package ?
Quarter End - Red Badge Layoffs Completion
I'm working in CISCO and i see that there is red badge employee layoffs happening. They are trying to finish the process for the red badge employees before this quarter end.
Massive Cisco Job Cuts to Start In August 2016
Heard it will start with massive red badge cut.... Then massive full time cuts. Compared to any earlier cuts, this seems real big. Next 2-4 weeks you will see many changes.
Cisco Red Badge Layoffs
Anyone has more info on this?
Journey
I've never worked anywhere where directors and above refer to themselves as "leadership." It's as if they've created their own little caste system. And nothing is ever accomplished because it's always a "journey." It would be nice for leadership to... — read more
Negotiate your exit package before they even accept a job at Cisco
Regarding the package… Someone in another thread commented negatively about people who were wondering what the package is. But I believe that Cisco has created a culture where wanting to understand the package is a foregone conclusion because of the... — read more
Toxic Environment
Cisco is responsible for creating the toxic environment where people wonder what the package is going to be. What else are they left to wonder about? Cisco has decided that it is ok to run a business that purchases companies and then executes a major... — read more
20% Workforce Layoff
Heard from an SVP that this will be announced in the next two weeks. Probably so you're gone before GSX. Seems to be a regular annual occurrence now, but 20% is a large cut.
Cisco sales layoffs expected at end of FY16
Expect to see sales layoffs as Cisco sales goes through reorganization. All levels to be affected. Sales growth projections are coming up short. Will cuts come before GSX?
Red badge drama
Been hearing quite a bit of scuttlebutt about what's happening with red badges, some contradictory. Who has the real scoop?
THESE ARE THE 3 ACCEPTABLE CONTRACTING FIRMS
If you're a red badge you better get blue before October 2016 OR be affiliated with these three companies (all others are out since it's not "streamlined" to deal with multiple different vendors...) Infosys DeDux Software Services (India & Cupertino)... — read more
New Cisco Org: A few FTEs and many in managed services
Cisco selected 3 contract companies for managed services and all red badges were moved into those managed services companies if possible. If not they are gone. Model is to have just a few FTE and many in managed services. Long term goal is that... — read more
Cisco laid off 83 in CA
Or has already laid off according to latest WARN report: http://www.edd.ca.gov/jobs_and_training/warn/WARN-Report-for-7-1-2015-to-05-10-2016.pdf
Early retirement and layoffs next week?
Early retirement to be offered next week?