A week? Two? Even longer?

The Talent Movement initiative is a farce. You can look at new areas but the pay scale is basically entry level so anyone with experience that has rewarded them with Grade 11 or higher pay will already be priced too high for the roles that are... — read more 

All of you affected who are 50 +consult an attorney and get those lawsuits filed. Age discrimination is real and many lawsuits are extremely successful. Cisco has a pattern. Don't take the severance and collect unemployment and file suit. The... — read more 

I've seen the number go anywhere from 8k to 19k in various posts. I'm not sure if any of the mentioned numbers have any official bases or if they are just a result of people guessing based on the amount set aside for the restructuring. It would be... — read more 

https://www.cnbc.com/2022/11/16/fresh-off-earnings-beat-cisco-ceo-sees-a-lot-of-opportunity-right-now.html

Cisco is Fortune's number one company to work for. I wonder how laying off thousands of employees a few weeks before holidays fits into that narrative (which most of us know is artificially manufactured anyway). I'm sure the leadership will find a... — read more 

Club Cisco (Chairman's Club) next week.. Is it time to celebrate the upcoming LR? Any impacted CC winners will go?!!I

The growth in Billing revenues are simply because of old backlog from last year. However, the booking in Q1 are catastrophic: USA - down 10% EMEA - down 23% APJC - down 10% Overall down 14%. !!!! Look at slide... — read more 

Does anyone have details on how this works for any employees impacted in the layoffs? Would all of your unvested stock vest as part of the severance package or just a percentage?

Where are all those people who keep saying they can't wait to be laid off? This is your moment to shine. Go and volunteer and help save the jobs of those of us who want to stay. You'll be hailed as a hero. Or are your constant posts that "being laid... — read more 

Ok we know that collab is impacted , but they are saying it’s 5% - so we are looking at 4000 people ? - any other group that is impacted ? It cannot be only collab , there must be some other groups too . SBG and Meraki are safe for sure - but which... — read more 

The disastrous C2E and Agile TSA will be coming back due to layoffs. No organization will be exempt. Remaining SAs and TSAs will be going into this starting in 2H. If you thought customers were moving away from Cisco before, wait to you see what... — read more 

Anyone still have the details of the voluntary early retirement package they offered a couple of years ago? I didn’t quality back then but would now and could consider it if they do it again but I don’t remember the details. Thanks! — read more 

Chuck... You're an Fing Liar! It is time for your disgusting ego to go! Your leadership is an example of what not to do. While we're at it, could we get rid of all the SLT executive celebrity wannabes! Fran, Chuck, Jeetu , Aruna Maria...etc. TOO... — read more 

6 months + tenure based so pretty cool in terms of layoffs in the past that I have seen. I can spend some time off at the beach ⛱️ in Colombia 🇨🇴.

Learn how to "network". This is a "Networking" company after all. 🤡

Cisco is to layoff people. What would they consider? Grade? Performance? or the list is sent by upper management?

There is huge competition on the job market right now and it will certainly not be easy to find a new job, but I sincerely hope that I will be on the cut list, get a severance and forget about this place. Anyone else? Despite everything, I'm... — read more 

I think Meraki is still growing (double digit growth) - Would this make the likelihood of Meraki layoffs fairly low?

EOM

He said employees will be briefed tomorrow

I am not expecting the MSM to cover this, they have been bought. Maybe someone local?

Or will our holidays be ruined?

If the cuts here were ever guided by some healthy logic, that is, if performance was really important when they made layoff lists, I wouldn't be too worried now. However, since I know that having a great performance here means nothing, my anxiety... — read more 

On November 16, 2022, Cisco announced a restructuring plan in order to rebalance the organization and enable further investment in key priority areas. This rebalancing will include talent movement options and restructuring. Additionally, Cisco will... — read more 

Cisco is going to miss by at least 4cents. LR will be announced during that call. Tune in to listen and be the first to know before you get hit by that 1:1 email. PS: This is not that RTP guy or the dude who left Cisco 19yrs ago.

Love how this gets "leaked" a week before earnings... So....who's the target? https://www.futuriom.com/articles/news/who-will-cisco-buy-sources-say-a-big-deal-is-near/2022/11

https://www.nytimes.com/2022/11/14/technology/amazon-layoffs.html

They are sleep walking into irrelevancy. Rested too long on their laurel wreath. Now a bunch of politically motivated mid-managers and self serving directors with superficial functionality and no contribution towards revenue, are eating away at its... — read more 

Over 20 years ago, Cisco's stock options were used as an excuse to avoid paying the market rate for its top 10% employees. However, there was no corresponding shift in compensation structure, and eventually stock options were reserved exclusively... — read more 

We know in the past many years, our company kept on layoff employees, why? The main reason was the pressure from H and Z. Basically H and Z received huge amount of subsidiaries from their government. Also from 2000 to 2008, then their labor cost were... — read more 

I only know from my experience so far that no one should feel safe. It is futile to worry ahead of time, but in any case it is always better to be prepared.

November 17th notifications are called off because Cisco is going to do a LR for the entire company after holidays. Expecting a high % of engineers. Filters* age, high TC, useless product. Nothing to do with your performance. Chuck and Fran teams are... — read more 

https://www.channelfutures.com/business-models/cisco-workers-get-pre-holiday-pink-slips-in-california

Had FB used more Cisco equipment, then we would have impacted as well, but FB for some reason decided to make their own networking devices wwwww We should feel lucky.

https://www.forbes.com/lists/worlds-best-employers/

Any Updates???? - Haven't heard of anyone getting axed so far. Some shuffling around, but that's it.

Staying relevant is key to long-term survival. Unfortunately, I think there is a growing number of those who would say that Cisco is less and less relevant on the market?

Meta laying off 13% of its staff https://www.cnbc.com/2022/11/09/meta-to-lay-off-more-than-11000-thousand-employees.html Twitter laid off 50%. Some other companies had non-minor layoffs. Cisco hasn't had any layoff for some time. Above companies... — read more