Any idea how these are taxed ? If folks decide to take voluntary separation package ? How much are they offering ?
1.9 Billion Patent Infringement Explains 1 Billion LR
Rueters: Judge orders that Cisco must pay 1.9 Billion in damages for Patent Infingement.
Is LR list out to managers ?
Is Wednesday LR list out to managers ? I asked my manager on friday about it and he is not aware of the LR list as of now. I'm guessing he doesn't want to reveal anything now. Does anyone has idea about this ?
How many will be laid off?
Anyone has any credible info about the headcount reduction? I am 42 and i wasted my life in this junk place, have very little skills also that anyone will care outside Cisco.
Work from home located in another country
'Work from home' is quickly morphing into 'work from home located in another country', not just at Cisco, but businesses in general. Hmmmm
LR is delayed for 3 months
Per the check in from a week ago the layoffs have been postponed for 3 months. A colleague had told me about it so I went and reviewed the check in and he was correct. We will see what happens in 3 months.
LR based on salary or salary + experience + IPF?
Is there any formulae for LR like they have for ER . Is it only based on salary?
Has anyone ever survived low IPF ?
Did you personally, or do you know someone who survived low IPF, i.e. wasn't laid off in the next round of lay offs ? I understand low IPF certainly increases chances for being laid off, and I believe it will also make it impossible to be rehired... — read more
Congratulations to all early retired Cisco employees
All Cisco ERs batch of 2020, Congratulations!!! We wish you healthy, wealthy, peaceful, happy retirement. Your decision saved job for few thousands young Cisco employees. Hats off to you !!
Opportunity Knocks and the Attitude S---s!
I am surprised (even with the LR and turmoil) that so many people I work with give zero f&cks about the quality of their work, the company they work for, and that the opportunity to innovate and rebuild is knocking at the door Maybe it’s time to... — read more
Is there an IPF that guarantees you are safe from Oct 7th layoffs?
I know that for the ER plan, people couldn't take it if their IPF was >= 1.4
1b. in LR's while giving 100ml to charity's... Humm...
This company's leadership has become more focused on social and political issues and less on the business results and company's direction.
Future State of Contact Center
With the massive departure of senior and specialized groups within the Contact Center group, how confident are we that there will be any meaningful CC organization in the next 6 months? We still have two more rounds of layoffs, and already it feels... — read more
What about acquisitions??
I work at a company that Cisco announced they would acquire over a year and a half ago. Still has not closed the deal. But should I be worried? I read the articles here and it does not look like something to look forward too. Comments???
CX San Jose
I heard CX will be hard hit and TAC finally shutting down after years of speculations. Who will take over their work?
Development in China
Is anyone else worried that Cisco could loose certifications with USA dod etc due to all the developers from China? Not sure how long before green boxes are treated the same as Huawei
This is just a stepping stone
Is there anyone else but me who thinks this company is not stable enough to end a career with? I was told when I first began to give it between 3-5 years and should move on. Looking at the direction we’re headed I am not sure I will be here that... — read more
Workforce Transition Option
The Workforce Transition Option dates are: Oct 7 '20: Phase 1 pre-notification that your job is "at-risk". - Option 1: Optional Choice program, i.e. volunteer to be terminated and take a package - Option 2: Step out leave, i.e. take a leave... — read more
Bonus?
Will you get a bonus notification if you're on the "at risk" list next week?
Security
Are they trying to sell it or just spin it out and retain ownership?
FTD
Is Cisco going to start over or ride it out since firewalls have decreasing relevance??
Dec 4th layoff is rumour or confirmed ?
After 7th Oct layoff, is Dec 4th layoff is rumor or confirmed ? any thoughts
How bad witll Cisco MultiSite/Cisco ACI be
I am worried because my manager has told me nothing. The fear is finally getting on my nerves. I think MultiSite/ACI are still hot and nothing will happen? Do you people know what might the impact be like?
Smoke and Mirrors
This company is actually run by magicians and its all smoke and mirrors! The CEO primary trick was to inflate the stock price through stock-buy instead of investing in innovation while the CFO specialized in accounting tricks she learned at GM. ... — read more
Cisco IT management is a Mafia
Managers and management recycle oldies with vendor resources. They want people who do not question and say "yes" for everything. Managers do not work, no skills and if kicked out wont get job in grocery stores. For years have established well network... — read more
Cisco missed the boat(s) again.....
Over the years, Cisco had missed major technology transitions. These missed opportunities is costing the company pain that we are seeing today. The yearly layoffs are a sign of the company struggling to drive new growth. With the massive amount... — read more
The Truly Gifted
I am proud to be a nerdy hermit. Many nerdy IT folks can't even be at ease giving a presentation, so how can they be expected to be inclusive? The ironic part of this melding of inclusion and technology worjers is the truly gifted technologists are... — read more
Confirmed
All TSAs are becoming part of GVE.
Should route switch be mainstream or another “AT”?
Let’s face facts most account SEs don’t know networking these days. They come from the program or competitors in other architectures.
Narcissistic?
is it me or does the pledge to funnel 100 million out of the company instead of using those funds to save jobs at a tough time wreak of narcissism? quite odd as we brits say.
Demotivated Employees
i have been with cisco for 16 yrs and have never seen my coworkers so unhappy. recently a top networking expert on our team left with no package at all for happier places many on my team are not motivated at all these are people who used to... — read more
Scary times are yet to come for Cisco if the current trend continues
Cisco should consider cutting its dividend temporarily, growing its technical talent, bringing innovation from within and using this cash to avoid layoffs. Laying off employees is not a solution but a temporary patch. Demotivated employees don't... — read more
Cisco revenue growth
How Cisco can kick start revenue growth? What product mix is required? Microsoft and Oracle can do it. Why not Cisco? Is more emphasis legacy products k–ling future products? Let's start discussions.....
You know you are right when your post is removed
The 100 million "donation" right before a large layoff is insensitive. Apparently the mods don't agree, but no valid reason to remove the post.
Anyone know what the voluntary LR packages will be?
The official word was the LR is similar to the ER. How similar is the question that needs to be answered. There's 2 phases. "Your role is at Risk" and here's your options. Voluntary LR package or take a leave of absence with no guarantee of a... — read more
Early Retirement
What was the qualifying criteria for somebody to volunteer for ER? What was the payoff for people who volunteered?
FIND ANOTHER PLACE TO WORK
THE AMOUNT OF STRESS AND TERROR THIS COMPANY PUTS ITS EMPLOYEES UNDER DOES NOT JUSTIFY THE RSUS OR BONUSES. EVERY YEAR ITS ALWAYS THE SAME MORE LAYOFF ROUNDS AND MORE OUTSOURCING. LOOK AT THIS VERY BOARD EVERYONE IS IN A PANIC BECAUSE OCTOBER 7 THERE... — read more