Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

I think I messed up

I left a decent job to join Cisco eight months ago. With the job market the way it was then, it didn't even occur to me that there might be cuts any time soon. Now I'm at risk of being laid off less than nine months after being hired. I've done my... — read more 

I don't see why there's a need for layoffs

Take my group for example. We are painfully understaffed. Whenever we do get new people, they usually leave before they hit the 1-year mark. We recently had someone quit less than a month after joining. Then we have a bunch of old-timers who are... — read more 

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| 2540 views | | 9 replies (last November 25, 2022)
Post ID: @OP+1jOsolCN

A bit off-topic but please respond

Have You Had Any Pay Adjustments in 2021 and 2022? Hello All - I work in the IT department of a Fortune 500 company who is not a competitor. I wanted to see if I can learn what other Fortune 500 companies did in 2021 and 2022 in terms of adjusting... — read more 

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| 1205 views | | 2 replies (last November 21, 2022)
Post ID: @OP+1jOBcqzB

I'm probably on the list

My manager has been reluctant to assign me to any new funded project. I've been in a perpetual state of holding/clean-up/helping co-workers since late August. Granted our business group is in a state of chaos due to a major initiative being... — read more 

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| 3270 views | | 4 replies (last November 21, 2022)
Post ID: @OP+1jNW5m3S

The main problem of Cisco is lack of a clear vision

During Chambers time as CEO he set a clear vision for Cisco - “Change the way we work, live, learn and play”, along with his decision to be either number 1 or 2 in each product category Cisco sell. This vision brought Cisco to be a true leader in... — read more 

First Comes LR, Then Comes iACV!

Should be a fun next few months. They'll start with the LR and then follow that up with re-releasing the worst comp plan the company's ever seen in second half!

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| 4960 views | | 12 replies (last November 21, 2022)
Post ID: @OP+1jLXqjgL

Decision to cut employees right before holidays

Demand for knowledgeable engineers and people with great skillset is always high, but in this period, hiring is extremely slow. Laying off employees right before holidays - did it really have to be like that? If the timing was a little better, if... — read more 

I wish I was laid off a few months ago

It would have been so much easier to deal with this while the job market was on fire. Whoever is laid off now will be lucky to find a job within six months, at least! I don't care how good the severance is, at some point, it'll run out. And if I... — read more 

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| 2310 views | | 4 replies (last November 19, 2022)
Post ID: @OP+1jLyc15r

Layoffs in ELT

A leader who leads by example positions himself as a credible person who deserves to be respected and trusted. I now expect Chuck to lay off one ELT member as well. Who do you propose?

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| 3810 views | | 7 replies (last November 19, 2022)
Post ID: @OP+1jLxHpY2

Sinking Ship

The company needs to shed a lot of weight. They should lay off ineffective first- and middle-line managers, incompetent ELT members, overpaid and overcompensated leaders, and useless organizations. Their sales force is a joke too. I miss the times... — read more 

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| 3510 views | | 9 replies (last November 19, 2022)
Post ID: @OP+1jLql3Ss

Pay, Pay, Pay...

Cisco CEO Chuck Robbins plans to commit an additional $1 billion over the next year in an effort to increase salaries and retain workers, The Information reported on Friday. Robbins made the pledge during a meeting with managers earlier this month... — read more 

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| 3813 views | | 4 replies (last November 18, 2022)
Post ID: @OP+1jLCzzY5

LR announced today

https://www.bizjournals.com/sanjose/news/2022/11/16/cisco-announces-600m-restructuring-layoffs.html?fbclid=IwAR209j8xcoGJudUP1xESXxkPU04FXBSjMpS8Op3GhoZkDRxYs9B-lf0TPfk&mibextid=Zxz2cZ

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| 3150 views | | 6 replies (last November 18, 2022)
Post ID: @OP+1jLPYAXt

Restructuring is code for age discrimination.

Obviously this is just an attempt to get rid of boomers and many GenX. It will be heavily skewed towards older workers. While the severance package initially appears to be generous consider that if you are over 50 you are going to have a tough... — read more 

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| 3580 views | | 9 replies (last November 19, 2022)
Post ID: @OP+1jKWSrj1

LRs in OneX/CPX?

Did MM mention updates on headcount reduction in OneX/CPX?

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| 1970 views | | 1 reply (November 18, 2022)
Post ID: @OP+1jKeWH4Y

CX Layoffs

Did Maria confirm? I left in 2022, the grass is greener - do not fear LRs. Good luck guys!

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| 2940 views | | 7 replies (last November 20, 2022)
Post ID: @OP+1jKhtJ1D

Why Be At Cisco?

Let's be honest. The award for being one of the best companies to work for is a pay for award, based on Made up sh-t on an application..by Fran. Majority of BU are sucking wind and paying way too many executives with way too many Chiefs of Staff and... — read more 

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| 2000 views | | 1 reply (November 18, 2022)
Post ID: @OP+1jK2gUfU

BIG BLUE BUTTON: See only active posts!!!

For new folks here, there is a large "ACTIVE" button right above the first thread... you can use it to see what posts had recent replies. That's all from me. Anyhow, I hope this helps someone. Good luck all....

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| 1080 views | | 2 replies (last November 17, 2022)
Post ID: @OP+1jKrAope

ELT hypocrisy

Is our ELT so mediocre that they fail to realize LRs are a direct consequence of their incompetence? Or are they all just hypocrites?

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| 1852 views | | 3 replies (last November 17, 2022)
Post ID: @OP+1jKkhJCv

Cisco mostly cuts the wrong employees

Management affects how effective and progressive the workplace is. If managers pick employees towards whom they feel some kind of animosity to be cut, instead of those who do not add any value to the company, then it is not at all surprising that... — read more 

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| 2280 views | | 4 replies (last November 20, 2022)
Post ID: @OP+1jKU5SD8

READ CAREFULLY

The script for today's checkin ELT discussed the 5% LR that was shared on the Earnings Call. Per ELT, it is not about cost-cutting or performance management, rather rebalancing the business. Impacted employees will be notified beginning December... — read more 

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| 9110 views | | 28 replies (last November 18, 2022)
Post ID: @OP+1jKzleZj

Amazon appears to be more interesting to media

Our layoffs seem to have been dwarfed by Amazon's in the news. There is one article to every five that mention Amazon. Even in articles that focus on Cisco layoffs, Amazon is mentioned. I guess we're not that interesting anymore, now that the big... — read more 

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| 1032 views | | 2 replies (last November 17, 2022)
Post ID: @OP+1jK1CfZq

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