I don't have words to explain the ache and sorrow I feel for my fellow workers who are loosing their livelihood today, however I found my good friend Billy Joel to explain my feelings: https://www.youtube.com/watch?v=BHnJp0oyOxs
Layoffs at Cisco cost more in lack of Productivity than saved
Cisco has lost more than a billion in productivity by this dragged out LR / ER mess that had gone on since July. Disruption and uncertainty is far more costly than headcount. Now extending Exec package to February will only add more uncertainty and... — read more
Are San Jose LR emails out?
Are San Jose LR emails out? Or is it traditional 1:1s?
Outsourcing will ruin Cisco
This has already been happening. Our products have been gradually degrading because half the people working on them have no idea what they're doing - but hey, they're cheaper! I just don't understand how our leadership can't see that their constant... — read more
Anyone know the “elective” package yet?
East coast meetings should be starting around now. Eagerly awaiting what the package will look like.
How many layoffs did we have in the last two years?
I am not talking about small layoffs, where only two or three people are affected in any given week, we know that happens all the time. I'm asking about major layoffs round with 100 and more people impacted. And I am asking strictly about the U.S... — read more
John chambers shall stop traveling and spread his vision news
Last few years, Mr. chambers has been traveling to various parts of the world and talk about his vision, aka: many companies will not exist no more, and 2.0/3.0/4.0/x.0 is the future, cloud is the x... lots of MBA (junkie) words and how we can... — read more
Sister and Brothers of Cisco hang in there
I just want to say today is going to be a rough day for a lot of people and their family. I urge all of us to try and help get our sister and brother to other spots inside and outside of Cisco. We knew this was going to be a bad one but let’s all... — read more
Tough Day Ahead
LR'd years ago. Have felt how you are feeling today. Give. Yourself. Time... to work emotionally through it.
How this uncertinity and the poor employment security with the annual LR impacting the business and disctructing the focus!! It is too bad
How this uncertainty and the poor employment security with the annual LR impacting the business and distracting the focus!! It is too bad
When can we expect the LR Notification in India?
When can we expect the LR Notification in India?....still waiting with breathlessness the least to say.
1:Many invite from Director. Is the whole team LR’d?
Just received a meeting invite from our director, the whole team is invited including our manager. Am I safe or is the whole team LR’d?
Layoff rumors
Hearing rumors there will be an LR tomorrow. Any truth to this?
‘Twas the night before LR
Not a rat could sleep. Fry you rats. Say buh-bye!!
Cisco ain’t getting s**t done this month
Those getting LR’ed tomorrow need to stick around tomOct 30th to get severance. Looks like Cisco is going to have thousands declining meeting invites and doing nothing for the next three weeks.
Ok, coming up on .... Time to get voted off the island!!!! (ding ding)
Boxborough, MA is already for sale so they are toast. What about any other sites that are soon-to-be-toast? The 2020/2021 Hunger games "Covid-19 edition" is here.... folks place your bets!!!! (ding ding ding)
manager 1-1 postponed to day after tomorrow
i had a usual 1-1 scheduled for tomorrow which is postponed for day after tomorrow... Can i assume i am safe from this round?
About the 1.9B lawsuit case
Personally speaking, this could be a trap from the beginning. Just like years ago, CAT bought a company in China. Later CAT found that company had debts for more than 1 billion USDs. Cisco should have this Virginia company and the acquired company... — read more
H1-b loopholes closed by President
H1b workers can no longer undercut US worker wages. H1b reduced by 1/3 Awesome 👏
Cisco layoff day is tomorrow, but do not worry because ELT will have a special musical guest at the check-in
No business will be discussed at this meeting.
Was not offered ER how likely am I to get LR ?
hey folks I was age wise eligible for the ER (early retirement) however my IPF was better than 1.45 and thus I was not offered. What is the word about chances of such people being LR candidates ?
Happy CX Day! REALLY?
On the eve of Layoff notifications, and the day after cisco is hit with a $1.9billion dollar patent infringement settlement, there is apparently a celebration underway - Happy CX Day, everyone! This kind of stuff would have never happened under the... — read more
401k no penalty CARES act distribution if accepting voluntary package?
I wonder if those who accept the voluntary LR package can qualify for the $100,000 401k early no penalty distribution ? https://www.irs.gov/newsroom/coronavirus-related-relief-for-retirement-plans-and-iras-questions-and-answers
$1.9B Face Slap
https://www.bloomberg.com/news/articles/2020-10-05/cisco-must-pay-1-9-billion-in-patent-trial-on-network-feature
How will we be notified if at risk?
Will my manager reach out or will it be a web letter?
UK terms
Anyone know what you get in the UK if LRd?
How nice to cut the Birthday cake when you know you may get laid off any moment!
Not sure to be excited about my Birthday on the 7th or be skeptical abt the lay offs.If targeted would be the worst Birthday gift ever :(
Security acquisitions cost cisco 1.9 billion in IP theft claim
It is bad enough that cisco is overpaying for these marginal johnny-come-lately security startups, but now they are costing csco more because these startups are not even original ideas to begin with
IPF not bad, no stocks
Anyone is the same?
Save a Billion only to lose 2 Billion...
Pretty much sums it Net loser !
Now we know why $1B OPEX is needed
https://www.reuters.com/article/us-cisco-systems-centripetal-networks/cisco-must-pay-1-9-billion-in-patent-lawsuit-u-s-judge-idUSKBN26Q2VX
Cisco must pay $1.9 billion in patent lawsuit
(Reuters) - A U.S. judge on Monday ordered Cisco Systems Inc to pay $1.9 billion after a Virginia company accused it of infringing patents related to complex computer network security functions. S. District Judge Henry Morgan in Norfolk... — read more