This company is slowly declining and all efforts are focused on reducing costs, more or less. I think a voluntary early retirement program would be very well-received by most employees here?
It shouldn't be so hard to switch positions internally
Why do they make the process so complicated? It shouldn't be easier for an outside candidate to get a role than it is for somebody within the company and that's exactly how things are right now. I don't know what's the logic behind that and I'd love... — read more
GSSO VW See JS Email
GSSO Americas VW should see the email sent out on Friday by JS. That is how executive leaders act. Own it quickly, take responsibility, and make it right. Not VW with Gold Rush. The only thing VW has done these last several months is LEAN IN to... — read more
Quality of new hires has never been worse
Does nobody want to work at Cisco anymore? I find that hard to believe. I understand the top talent going after the better money, but everybody else? Are we forced to accept anybody with a pulse because nobody else is applying or is there something... — read more
The strategy is clear: G12 out
The recent unveiling of the bonus remix pretty clearly lays out the people strategy. Trust senior tech talent (G89/90), trust more junior staff up to G11 and encourage G12 to take a hike. It kind of makes sense because G12 is a pivotal grade. It's... — read more
Bonus Remix is just a nice way to decrease our salary
When other companies like Microsoft or Amazon declare that they will raise salaries for Software Engineers, Cisco decides to remix the bonus. What this really does is decrease the IPF's weight in your total compensation hence decreases your total... — read more
Can somebody confirm?
Layoffs happen every August at Cisco. About 5-6k people. Has happened that way every year for at least the last 7 years. They just rotate which teams. I haven't been here long enough to know if this is true or not. Are there really major layoffs... — read more
Investors Business Daily-Cisco Stock Plunges On Weak Guidance As Rival Arista Networks Outperforms
Jefferies analyst George Notter said rivals may have out-performed Cisco. "Frankly, it's a bit hard to accept that Cisco is the 'canary in the coal mine' on the China/Covid lockdown supply chain issues, which cropped up in April," he said in a... — read more
No Money for Employee Pay Increases but…
Apple announces $200k bonuses for retention, Microsoft announces doubling budget for employee salaries, Cisco CFO already said there is no money for employee raises w/o affecting profitability so CPO goes and gets Oprah Winfrey to pitch massive... — read more
‘We did not have a plan for a country to shut down’ - Chuck
oh, really? now can you have a plan for this going forward, Chuck the mathematician. We did not have a plan for Amazon becoming a cloud company. What other plan didn't you have?
Collaboration down 7%
Let that sink in.
Recession Poll: Which company will come up on top after the upcoming recession?
I'd bet on Amazon, AWS is minting money wiht crazy margins. eCommerce is not going anywhere. Microsoft looks good too (Azure). Google and Meta enjoy high ad price wave right now but things will turn down during the recession. Apple is Apple - steady... — read more
V2MOM
This is the official V2MOM thread: Vision, Values, Methods, Obstacles, and Measures! How is that V2MOM working out for us, huh?
How much should you be paid?
Now you can see real salary info by comparing what you are paid to what's listed here. Just put Cisco in the employer field and you will see a goldmine of salary for all job categories at Cisco in different cities in the US. Already did that for ya... — read more
Chuckie Sounds Like a Used Car Salesman on Earning Call
And not a good one at that-Analysts not believing anything he says
Earnings day, baby!
What are everybody's expectations?
Multiple bosses in just a year and a half
It's like a conveyor belt. Every few months we get somebody new. By the time they properly know what's going on and what we're supposed to be doing, it's time for them to move on (or out, in some cases). This is making all of our jobs that much... — read more
SA Pay
How much does Cisco pay SAs?
Things that could have been done differently?
Cisco grew thanks to its great employees but then it started losing its best people to competitors. Isn't that the worst mistake? I think it's too late now unfortunately because a lot of things had to be done differently to avoid this situation. — read more
It's Coming?
We're being told to watch expenses very carefully. Train rides to customers, hotel expenses etc are being closely scrutinised. I think there are going to be big layoffs soon, perhaps after FY end, because Cisco will start to see a cash flow problem... — read more
Anyone know why GSSO postponed the big announcement today?
All they said was pushed to June 6
Layoffs in tech all over the place
Are we next?
GSSO House Cleaning
The GSSO House Cleaning has started. Next up needs to be the Americas Sales VP and his Engineering Director. These two have no idea what they are doing and are directly responsible for the poor performance in the Americas. Their ineptness is... — read more
Here is a great idea for Chuck
Interesting and thought provoking article It's time to get rid of managers. All of them. https://archive.ph/Iu6qK
The long baking sabbatical
It has been over two years since the VP of Cisco Collaboration took a "temporary" leave of absence so she could spend time with her kids and do some "baking". When she left the ELT pretended she would be coming back and that she would have a big... — read more
Global virtual sales safe?
What is the comp and attrition like for global virtual sales (GVS) sales leaders? Glassdoor, Repvue, etc. are outdated on this info, which makes me nervous about the longevity of this type of role (and I guess why I am posting on a layoffs board)... — read more
Will there be a recession soon?
If yes, what's the impact on Cisco? Thoughts?
Shake-ups (and hiccups)
https://www.theinformation.com/articles/cisco-overhauls-security-leadership-after-top-exec-resigns
Uncertainty destroys morale
I don’t know if leading people here are aware of the extent to which uncertainty and all previous rounds of layoffs have affected employee morale. No job is secure and everyone is aware of that. However, here at Cisco this uncertainty is much... — read more
Stop saying there'll be layoffs
You don't know that. You're scaring people for no good reason. There has been no indication more layoffs are planned any time soon. There is always something that gives it away in advance but currently, there's nothing. In fact, we're actively hiring... — read more
Chucky’s math degree
i think we can all now agree that Chucky’s math degree is the best poster on this board. I look forward to his/her insights daily.
Optimal amount of time to spend here
I spent five years here and now I think it was way too long, that is, I should have left much earlier. I think two years is the maximum time to spend at Cisco? All the new and important experience I needed to find a better job, I gained during the... — read more
Reward RSU distributed ?
usually we used to received reward RSU around this time in April but it's already in May . nothing hear this yet . already done with distributing reward RSU in 2022
How can they plan layoffs with such levels of attrition?
From what I see, employees are leaving for another companies on a daily basis. A large portion of my team left. Yet the fear of layoffs is ever present, and the rumors about layoffs are circulating on a daily basis. He-l, even our manager talks about... — read more
People in position to hire, how hard has it been to hire as of late.
I keep on reading posts about people leaving Cisco and getting poached by other companies. So to flip the script are people joining Cisco at a similar rate.
Gone
I'm gone. I've decided to resign. I can't take this crazy place anymore. It is not making me a better person.
Security Sales Downward Spiral Continues
The downward spiral of security sales continues due to the incompetence of executive leadership. This will lead to layoffs.