Just officially found out for those on commissions that you have only 30 days after your last day (Oct 5.) to have your FY 20 and 21 bookings to ship in order To receive commissions on those earned booking dollars. With the Covid-19 supply chain... — read more
Massive layoffs at Salesforce today
@OP+16C8X7pN or https://www.thelayoff.com/t/16C8X7pN
Cisco as a cult?
I’ve seen a couple of comments on this lately and didn’t really get it until this week. Everything around and in Impact is pointing directly to that. And now I feel more miserable in my job than I did before, and I wasn’t sure that was possible! Oh... — read more
Cisco to acquire Campbell-based BabbleLabs to improve Webex audio
https://www.bizjournals.com/sanjose/news/2020/08/25/cisco-campbell-startup-babblelabs-acquisition.html So future LR Webex notification calls will have clearer audio?
BabbleLabs
Cisco has to cut 1 billion in budget then today it's announced we're acquiring BabbleLabs. Coincidence? I think not.
Don’t back up personal files
I removed personal files from Cisco laptop before I recently left the company. Was contacted by lawyer that Infosec Alerted counsel of this activity - lawyer needs to see if I took any proprietary files via WEBEX. Big brother.
How do I get out of “recommended” PTO
I want to save up PTO in case of LR but my boss keeps pressuring me to take the “recommended” PTO. Any way to get out of it?
ER notice to manager before i accept or after it is approved
managers are not ifficially told who is eligible but they likely know. bonus is being set right now - likely you get less than you deserve if managers reward those staying. if you accept you get a response approving your decision that also... — read more
Product Lines to be eliminated to save $$$
What Cisco products would like to see axed - and why? Please stay on products, not organizations like IT and CX.
9 months of COBRA coverage
From what I can determine so far, Cisco is giving people taking the ER a lump sum large enough to cover 9 months of the current insurance benefits. The problem is, apparently, that after those 9 months, which would be around the end of July 2021... — read more
How many times did Fran laugh and say “it’s really funny that”...
in the anti racism session at Impact. Come on, it’s pre recorded. How did that get through? SO insensitive. She needs to get some empathy / self awareness.
GTAM model to be sc-apped
I heard today from a reliable source that Cisco intends to sc-ap the GTAM model because Inside Sales are cheaper and GTAM are not individual contributors but overlays.
Why you should accept the ER package
A coworker asked my advice on the ER package. He said that if he keeps his job for ten months it is the the same as the ER package. Its not. Here is the difference. With the ER package, you are paying yourself to work on yourself. If you stay... — read more
LR list
Heard a rumor that the layoff list is already done.
Is the sellof justified?
https://www.forbes.com/sites/greatspeculations/2020/08/18/was-the-selloff-in-cisco-stock-justified/#7974930d2b76
Take the package
3 yrs ago I had no choice and was given a package - I was just shy of 50 and over 200% of my #. Only out of work for a very short period and banked most of the $$$. I honestly felt worse for the 20% of my group that weren't offered the package, as... — read more
One Week Death-March
everyone manager i talk to is in this mode. they know that ER acceptance will be very low , leaving them with the painful task of layoffs. they are just waiting for the post-Labor Day official number. most people out on pto this week anyway.
Cisco paid me 5 months NOT to work!
I was impacted by an LR at the end of February, pre-covid. I heard there were 3,000 impacted at that time. My original end date of pay and benefits was originally end of March. Then covid hit. Mid March, I was advised my end date of pay and... — read more
How useful is HR vendor Randstad with its career services?
Do these guys just help with resumes and interview questions or do they help with placement too?
The best part of post LR work
Best part of working because you want to, not because you have to, post LR; is how your attitude can change towards employment. I enjoy working, and make sure I earn my pay and take pride in that. Have had a few conflicts (it is just the way... — read more
here's how i view this website
use vpn use firefox privacy mode never use the same vpn ip to open linkedin or other personal websites
Will they layoff by your donation?
I mean when you donate, they asked your company, right? We will know
Are you tossing and turning this weekend--ELT isn't
Examining you future options? Stress weighing on you? Relax. Your ELT is sleeping well, and couldn't care less about your angst. Take solace in the People Deal and the Conscious Culture. And ask yourself...if you didn't work at Cisco today... — read more
Lump sum deposit into HSA Account?
Let's say we get an extension to Jan 4 for the ER - can we do a lump sum deposit into HSA at the beginning of 2021?
Plummeting Morale: Well Done ELT
I got told I was a sales achiever this week, woohoo! The same day I got told that, because of the type of sales comp plan I’m on, I will be affected by the reduced Company Performance Factor. That means I go into FY21 already in negative figures... — read more
Which groups take the biggest hit?
I’m hearing that the OPEX reductions are not uniform across the groups and the headcount reductions will also be “focused.” Which groups do you think will get targeted most heavily?
Management replaced Leadership?
Is this the issue? There are pockets of brilliance in Cisco but layers of management are making it harder to join the dots and innovate for customers. Leadership (G13+) offsites use to happen at a vineyard, then a Monterey hotel and by 2010 it was... — read more
If you accept the 20% pay reduction can you still be LR’d ?
If I accept the 20% pay reduction (6, 9 or 12 months voluntary period) and I am LR’d afterwards will my LR package be based on my original salary or reduced salary based on 20% pay reduction ? So many choices - Thanks Fran !
COBRA
So, the Cisco ER pkg says it gives you enough money for 9 months of your current coverage via COBRA. I spoke with BlueCrossBlueShield about coming off of COBRA and starting a new family policy OUTSIDE of the enrollment period. They said for that to... — read more
Security Business - Ticking timebomb?
Those finding comfort in "Security grew 10%" are mistaken. We somehow survived so far, it won't last too long. Too many half baked products and way too many leaders leading those half baked products, more managers and "leaders" than the engineers... — read more
LR Payout Terms. Credible Insight?
Does anyone have credible insight into what the LR payout calculation will be? Could be important factor for determing to take ER or wait. As Tom Petty said... The Waiting is the Hardest Part
You are pre-approved for the 2020 ER!
For those qualified like myself, any thoughts to the downside of clicking that “accept” button? You don’t have to sign the separation document on Oct 5 and resume your duties. You can sign it on Oct 5, leave Cisco and change your mind within 7... — read more
Interim reduced workweek
Offered the Interim reduced workweek with a 20% pay cut. Are managers and above, including the CEO and his team also taking the 20% cut? Lead by example.
Just got my letter from Fran
Interim reduced workweek. Located in US. Who else got it?
Negotiate
Anyone know if you can negotiate at all the let-go date? Taking a lump sum near the end of the year after you already have income will not bode well for taxes... (Canada)
IOT Overlay Sales: Chuck/Gerri Clueless to Reality
IOT reps told by relocated Aussie Dir to simply add their names to deals to get commission IOT reps not involved in the deals nor speak to customers Ship Expensive Napa wines to Cisco AM’s homes Rinse, Repeat, and then Aussie Dir sends bragging... — read more
Red Badge Layoff
Has anyone heard how(when) this will hit red badges. No one seems to be interested in sharing that info internally.. Just trying to make sense of all of this, this is my first experience with Cisco layoffs.
Does ER package include PTO?
I don’t see it in the letters or FAQ. Freaking out because I already accepted assuming PTO was part of it.