Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

Is anyone else's department just dropping Red Badges?

We are having a bloodbath with all the red badges right now, we have dropped 20% of them with another 15-20% to come. It's nuts, I was already working 60 hrs a week and now they want me to work even more, to "do more with less". Looks like there was... — read more 

Going down?

I'm just going to leave this here... https://seekingalpha.com/article/4100983-cisco-way

by
| 1870 views | | 2 replies (last August 24, 2017)
Post ID: @OP+OUZaqv8

Oh dear. How sad. Never mind.

This sorry earnings report was the latest manifestation of an ongoing saga of woe for Cisco. Previously, the Q3 earnings announcement contained poor forward guidance and prompted a drop in share price of 10.2%. There have been years of layoffs, cost... — read more 

by
| 2790 views | | 6 replies (last September 5, 2017)
Post ID: @OP+OUSDsD9

Chambers Update

https://in.finance.yahoo.com/news/cisco-chief-plans-hire-india-023313198.html

by
| 3340 views | | 7 replies (last August 27, 2017)
Post ID: @OP+OTM8Btg

GSX

Own It...... Just not the stock ;) So far pretty standard. Same old picking out the stats that hide the reality and overhyping solutions and partnerships like they are revolutionary, when they're more evolutionary. Still clearly trying to buy our way... — read more 

by
| 2530 views | | 4 replies (last August 23, 2017)
Post ID: @OP+OTiqhtG

Any more cuts to UCS?

Whenever director from India visits us, i feel like more jobs will be lost.

by
| 4320 views | | 4 replies (last August 25, 2017)
Post ID: @OP+OTqHcbJ

October layoffs at Cisco

The latest layoff rumor. Major Layoffs are planned for October. The rumor is 10% of the work force mostly from US. With 7 consecutive quarters of declining revenue it's the only way to make Wall Street expectations. Plus Cisco knows that Wall Street... — read more 

by
| 4980 views | | 12 replies (last September 13, 2017)
Post ID: @OP+OT3axs1

Board Should Replace Chuck with a Tech Savvy CEO

Board should replace Chuck before he drains Cisco's cash with mindless M&A and other bogus initiatives. Cisco is a great company and sad to see how toothless leadership it has at the top at a time when the world is going through technology transition... — read more 

by
| 4760 views | | 21 replies (last September 11, 2017)
Post ID: @OP+OP3OkVp

What is this referring to?

Reuters brief on Q4 Cisco results has this line: Cisco - expect previously announced restructuring plan‍​ to be substantially completed by the end of the first quarter of fiscal 2018. I'm trying to figure out if this is referring to restructuring... — read more 

by
| 2160 views | | 2 replies (last August 20, 2017)
Post ID: @OP+OP7qGTD

Layoffs will only hurt Cisco

Seriously, I don't understand how layoffs became such standard practice to bump quarterly results, when it was proven over and over that in the long run, it ends up costing the company. It's not just Cisco, everybody seems to be doing it, and the... — read more 

Stock down 4.1% on opening.

Time to sell guys. This time next year you'll be lucky if it's worth $25 a share after 11 quarters of decline. Unless you reckon they will turn it around. Haha

by
| 2180 views | | 6 replies (last August 19, 2017)
Post ID: @OP+OO6PeLH

Collab business down again.

Collaboration fell another 3%. How much longer can this last before? I can understand why routers and switching are falling but Collab appears to be a leadership issue and backing the wrong products. Spark board anybody?

Viptela

I'm one of the Viptela members acquired by CSCO. It does not look good here at CSCO. Looking to jump ship as soon as my bonus from Viptela is paid at the end of September.

Cisco's Security Business Did Not Deliver

Cisco's quarterly revenue in its closely-watched security business missed analysts' estimates, raising concerns about the world's largest networking gear maker's efforts to transform into a software-focused company. The company's shares fell about... — read more 

by
| 2280 views | | 4 replies (last August 18, 2017)
Post ID: @OP+OOonIHM

7 Quarters of decline

That's 7! One more and it will amount to 2 years of continual decline. Switching and routing fell by 9%! Next quarter that figure will hit double digits! Let's face the facts guys, Cisco is going through a slow and painful death. The only way profits... — read more 

by
| 2300 views | | 6 replies (last August 21, 2017)
Post ID: @OP+OOg64VJ

No LR = no package

Welcome to the new world. The Teamspace world. Everyone checked-in yet on TS? You better be. We started new era - era of no big and loud LRs, but small, silent, package-less terminations, justified by the meaningless statements like "doesn't fit the... — read more 

by
| 2830 views | | 4 replies (last August 18, 2017)
Post ID: @OP+OO0Gjpu

Interesting footnote . . .

A footnote to the table "GAAP TO NON-GAAP BUSINESS OUTLOOK FOR Q1 FY 2018": "In August 2016, we began taking action under a restructuring plan in order to reinvest in our key priority areas in which up to 6,600 employees would be impacted, with... — read more 

by
| 3670 views | | 6 replies (last August 21, 2017)
Post ID: @OP+OOEKGlw

Why no LR announced?

Despite weaker results and cut in bonuses, why no LR announcement?

by
| 3320 views | | 4 replies (last August 17, 2017)
Post ID: @OP+OOhX53z

12 Fundamental Observations About Cisco Today

There is no long term strategy. Sometimes there is some vague long-term vision. e.g., we're going to be a SW company. But changing that to a strategy is anathema. Leaders are afraid to lead. Even most first line managers are afraid to make a... — read more 

by
| 2790 views | | 6 replies (last August 18, 2017)
Post ID: @OP+ONMxqjM

EoY Bonus Canceled

My manager told me that she isn't giving out a bonus and she couldn't talk about it. Has anyone heard otherwise?

by
| 2810 views | | 5 replies (last August 18, 2017)
Post ID: @OP+ONWg8Oy

3 posts just got axed

Anyone know why the topics about upcoming layoffs and no bonuses were deleted?

by
| 2320 views | | 7 replies (last August 17, 2017)
Post ID: @OP+ON0wMCs

2000 people already received notices

2000 people are already culled silently and more to follow after Quarterly results. Its a bloodbath in waiting. Keep your resumes ready.

by
| 5640 views | | 3 replies (last August 16, 2017)
Post ID: @OP+ONFGQeA

Questions for Analyst

If any analysts are reading this and will be submitting questions for today's call, here are some insider questions to ask. Software annuity. Q. What percentage of your customers that have bought you're software model, realise this is what they've... — read more 

by
| 2220 views | | 3 replies (last August 16, 2017)
Post ID: @OP+ONamlxv

Two sides

I work for an unsexy BU. We have slightly declining revenues, but on a high level. Development is in full swing and I feel save. The longer I stay the more obsolete my resume will look. Anyone interested in a C coder? On the opposite, there are a lot... — read more 

by
| 2720 views | | 6 replies (last August 16, 2017)
Post ID: @OP+ONpI9YE

IVP

IVP is not a good product... My opinion: IVP is a bloated lift and shift mess. It could still become a good product, but it would require architects that actually understand cloud component development, a complete change in culture, and a lot less... — read more 

by
| 2021 views | | 2 replies (last August 16, 2017)
Post ID: @OP+OM0HM3P

How will Cisco do?

Here's hoping that 16th brings good news. With all the layoffs rumors, it would be nice to get some good news and be able to relax at least a little bit. Not that I thing good results will mean no layoffs, I am just hoping they will either reduce or... — read more 

Silent layoffs have started

It's just sad. Can confirm silent layoffs are going on in SJC from my viewpoint. Red badges are now almost entirely gone from the group and there's only a little over a handful of blue badges remaining. We were overflowing our floor a little over a... — read more 

by
| 4630 views | | 8 replies (last August 17, 2017)
Post ID: @OP+OLpjEGy

Don't cry

A massive cut is planned starting after the Earnings Release call on 8/16/2017. According to multiple anonymous sources, all departments and functions will be impacted. Upper and middle management will be whacked as is the individual foot soldiers... — read more 

UK

When will the list come out this time?

by
| 1494 views | | 3 replies (last August 14, 2017)
Post ID: @OP+OLG8qpz

Start a new thread - post a news comment, question or message:

: