Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

No ER package this time

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?

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 

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| 3000 views | | 3 replies (last August 3, 2016)
Post ID: @OP+IBfW3BK

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 

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| 5120 views | | 8 replies (last August 7, 2016)
Post ID: @OP+IApmyLl

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?

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| 25 views | | no replies yet
Post ID: @OP+Iy2SYyv

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.

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 

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?

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| 1240 views | | no replies yet
Post ID: @OP+HA04Vj9

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 

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

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