https://www.aol.com/news/cisco-says-third-recent-round-214347364.html On Wednesday, Cisco announced it will lay off around 7% of its global workforce in a move that will impact several thousand employees. The number of affected workers in the... — read more
I’ll just say it- I hope this round takes out exec levels
I’m really hoping what seems like crazy delays and unorganized planning is because much more time is needed to map people once VP levels are gone. I’m specifically talking about collab sales, PM and sales engineering (I would have included G2 in that... — read more
Where to go??
Anyone found work somewhere else?
Notifications??
Please pist if you are aware of the notification s? Post only if you have some source, not just stories
What to Expect...
I have been LR‘ed within the last 12 month. You will lose access to most of the tools within 24 hours (and as well building) - except Webex, E-Mail, Workday and Stock-Account. Manager asks you to put an OoO mailer. After that call/meeting with your... — read more
Useful Info if you get LR'ed (bookmark it or follow it here on TLO as you may need it in the future)
Some useful info if you get LR-ed I was affected July last year, some info which I think is useful: It’s not end of the world. They give you 3 months of having to do nothing while still covered by benefits and payroll. You can do a lot in 3 months... — read more
On Timing
In February, most U.S. employees were notified Thursday (day after earnings). There was a leader check-in that same week (I think Friday), and there was a Cisco Beat scheduled the following week (sometime between Monday-Wednesday). I reposted this as... — read more
Stock 7% Up Today
OK, that's appreciated
Is the late notice due to LR’ing 12 & above?
If sr mgt is impacted that could mean shifting and shuffling direct reports which can take time.
Splunk today
Sounds like Splunk notifications went out (and will continue to go out over the coming months). I dont know of any Cisco notifications. Maybe they will follow suit with that "coming months" timeline?
The Cruelty is the Point
Imagine being told that perhaps you and 6,000 of your 85,000 colleagues will be laid off. Then imagine hearing that you will know if you are on the chopping block "at any point between now, August, and October 15th ? Would you consider an employer... — read more
Why end of September? Could it be because.....
that would allow as many of us as possible to find new roles within Cisco or somewhere else? Calculated move or coincidence?
Fu-k Your Coworkers
When I got let go back in Feb '24 it was amazing how fast my direct teammates and close work colleagues completely ghosted me. They took the glad it's you not me approach. Thankfully I ended up getting a job a few months later. How? Via tiktok... — read more
Stuck with a mortgage
So....for those of you who own a house with a mortgage do you feel like a fu--ing id--t now for buying a house? Never understood why people buy working at Cisco when you know the company is notorious for layoffs. Not looking to debate renting vs... — read more
Gary Steele: "LR Notifications for those impacted will be made between now and the end of October."
Per Gary on the Splunk Town Hall. Splunk employees not excluded from this round of layoffs. US employees will be told sometime between now and the end of October. Those outside of the US may not be advised until November or later.
Quiet-Quit until Vegas
You have the power …
No notifications until week before last of September
Had a call today with my Senior Director - good guy. The LR came up, of course. Middle of the call he said “And what su-ks the most is that impacted people won’t find out for another month” After a three seconds pause he added “I was made to sign and... — read more
No news till after the weekend?
Way to go. This LR already looks more badly managed than others, and that’s actually a feat.
What would ChatGPT do? If Cisco is serious about being a AI company, maybe they should have checked first.
Prompt: What is the best way to layoff 7% of an company's workforce? Laying off employees is always a difficult and sensitive process. Here’s a general approach that aims to minimize the negative impact on both the affected individuals and the... — read more
Transcript: Chuck Robbins on CNBC Today
https://www.youtube.com/watch?v=v8v3TRgNtgM - In this interview, Chuck Robbins, CEO of Cisco, discusses the company's strong quarterly performance and future outlook. Robbins expresses optimism, noting that Cisco has seen a return in demand and... — read more
Being told we will find out mid September.
Was told by a very reliable VP that the layoffs will not go out to employees affected until mid September. Take that for what it is worth. I do not get why they would not do it now. Ugh!
We could all ask for mental health counseling
https://www.cisco.com/c/m/en_us/about/csr/esg-hub/people/benefits.html As fa as I am concerned after yesterday I am working half of what I would normally work. Sorry Cisco but my mental state is not exactly good and I am considering asking for... — read more
Fortinet here
Greetings Cisconians from the Fortifolks How the mighty have fallen? I'm sure many of you are feeling anxious if you want to work somewhere and get revenge join us Nothing feels better than taking Cisco business How the mighty have fallen? — read more
Inhumane
Just to confirm… the world has been informed that thousands of people are going to be laid off but 24 hours later not one person on the ground in the company has received at minimum an email acknowledging this fact / any indication of when employees... — read more
perpetual cycle
Last LR period in my country, it took nearly 2 months from the announcement to notification due to having to do 3 consultations over a month, followed by HR training and then individual consultations - before decisions were finally made. Gutted teams... — read more
How to retire early if LR'd
Folks, posting to pass on to others. Several of us here in RTP that had 15-plus years in, did what is called a "72(t)". Basically, say you are at the 50-ish age bracket and get LR'd; and have a decent amount in your 401k. You can start annuitizing... — read more
Best place to work is wrong by default
I think the best place to work surveys are completely wrong. Anybody who wants to speak negatively about CSCO is afraid those things aren't anonymous so they don't fill them out. People who thinks it's perfect, happily fill it out. Has anyone ever... — read more
Cisco could have made $1.4B Per year at 5% Interest Instead of Paying $28B in Cash For Splunk
Lots of jobs could have been saved if CEO Chuck and CFO Scott cared about anyone but their paychecks
Just had meeting with Manager
Looks like there is no decision made yet. My manager also mentioned that there is leadership check-in happening on Friday, so there might be some strategy being done by this weekend. My manager is not happy on how this LR is being done since its... — read more
Deep cuts in AppD this time???
heard many rumors about deep cuts in AppD this time. some orgs might be cut up to 50% which sounds crazy. please share if you have heard anything about it and any idea around which teams in AppD are going to be impacted most.
"As of Aug'24 I am extremely humbled...." -J2 dixit
no you are not. You are trumpeting that to the entire world you ...on!
During CNBC Interview Cisco Chuck Refused To Deny More Layoffs After This One
Chuck tried to lie and dodge the questions but David Faber would not let him off the hook on future layoffs
Use up those Time to Give days now...
Friday looks like a great day to volunteer somewhere... maybe Monday too.
Posts regarding layoff details are being deleted
Just saw a post regarding 1-1 meetings and then noticed that it instantly get deleted. I think moderators are being paid by Cisco on this website to hide something.
I hate having to wait even longer
I'd have preferred to know today. Having to wait is pure torture. Or at least it is for me, since I'm in no position to lose my job right now, for several reasons.
Exec-level messaging vs us peasants
Does anyone else find it tone-deaf and slightly cruel that all these execs are posting their big congrats on the promotions while the rest of us are in all these public forums and various channels having meltdowns? Jeetu posted about his promotion... — read more
Blue vs Red?
Is this round only affecting FTE or as I have seen in the past is there some bleed over into contractor territory? Been around for a minute, survived a bunch of these, but got whacked by one, too...