With one week to go, it looks like we're set for quite a setback this year. Everyone is blaming Brexit, but I don't believe we've ever seen the start of the UK decline from that. If I look back on this year, I think the majority of the blame has to... — read more
WIll Cisco have early retirement plan again?
Cisco had offered two early retirement plan before, any chance to do this again?
Temps are NOT cheaper than permanent employees
I've never understood the statement that temps are less expensive and more cost-effective. Yes, you don't have to give them PTO or benefits. Yes, you don't have to pay unemployment taxes or social security for them. But someone DOES. And ALL... — read more
Visa Fraud - Busted!!!
http://www.mercurynews.com/2017/07/20/san-jose-businesswoman-pleads-guilty-to-h1-b-visa-fraud/ I'll bet she is working with someone inside Cisco.
Temporary over permanent employees
Cisco will be slowly moving away from hiring permanent employees to hire resources based on demand and employ them for few months. Its more easy and cost-effective. They dont have bare social security, health cost, Bonuses, or career aspirations of... — read more
Only one month until firing season!
I hope everyone has their backup plan ready. Don't believe the rhetoric that this year is different. The business declining in revenue and Chuck needs to give the markets something so they know their dividend yield isn't going to fail, as that is all... — read more
No accountability
The problems come in when the engineers must transform into storytellers for survival purposes. Any engineer with relevant skills will depart for other companies, while the rest improve their storytelling/PowerPoint skills to survive. Product groups... — read more
SPVSS Death Rattle - But a Dirty Secret Still Exists
NDS - more news just in time for IBC. Watch here folks..... NDS still exists........ Well you will have to wait to here about this shady business.
When will the french office close for real?
It's been more than a month when the announcement to close spvss french office. And the guys are still there, doing nothing and still get paid! I want to work there ... Please french HR hire me!
1QFY18 LR will not be "massive"
Yes managers in many groups have been asked to cut down on the (perceived) bottom 5%. It's easier to package it as a layoff than to manage people out. And yes it will once again target long time employees in Grade 11 to 13. For one reason or the... — read more
Cautionary tale
I will say that companies need to have good salesmen (an women) or they don't make money to pay the engineers. The problems come in when the bean counters start making decisions based on cost. Cheaper costs do not always result in higher profits. It... — read more
No promotion opportunities
The bigger concern for me is lack of promotion opportunity. Not getting annual pay rises is fine if there is the possibility to getting promoted. In my particular role if I want promotion I would need to leave or relocate. That's my choice so I can't... — read more
Trusting Leadership
"If your employees don’t trust leaders, they won’t feel safe—and when they don’t feel safe, they spend all their creative energy covering their butts."
Massive LR list has been submitted
This weekend, all directors and their VPs worked to finalize the chop list. It will be submitted this morning SJ time to higher ups in HR and Legal for final scrubbing.
What's happening with the re-org in IH ?
Does someone know? Already 1 month has passe since the LR's....
Raises
Never worked for a company that didn't give raises every year. Weird.
Cisco will layoff 20K in Aug 2017 and another 10K over FY18
Cisco is planning to lay off 20K outright in Aug 2017 and another 10K spread out over FY18. That will take total headcount reduction to 30K. Cisco Is anticipating atleast 5 to 8 Billion USD in savings per year and Cisco will spend more than $1... — read more
Bonus
It's almost the end of the fiscal. Anyone hear anything positive about bonuses?
How long after the acquisition, acquired companies are shielded from layoffs?
I joined Cisco with OpenDNS acquisition two years ago. A year ago we were not affected directly by any layoffs - we only saw some people being let go in the old-Cisco group we were working with. But yesterday our exec by mistake sent an email to the... — read more
Get your ducks in a row
You have an "employment at will" agreement with Cisco, assuming you are in the US. It is NOT illegal for you to update your resume and social network profile, start reaching out to friends and family regarding opportunities. It WOULD be ideal for you... — read more
Chances of LR in August?
Since we already had one recently the chances look slim. But then it depends on Q4 outlook as well. What are you hearing within your teams?
2nd level mgr got LR'ed today
Our BU mgr here in SJ got the boot today, he was a 2nd line mgr with 17yrs at CSCO. Oh boy, things don't look good. I will quit tech for good if I get LR'ed this time. I would rather be a chicken farmer or a grease monkey than having to go through... — read more
Facing LR
My team know that we will be targeted soon and I keep hearing 2 things around me : "Update my resume now ?" "No it is way too early until I know the next LR financial details" "Sending application to have a backup job and be confident about the... — read more
How Age+Tenure calculated for LR
Does Cisco HR count the period of continuous employment only + Age or if you are LRd and rehired then your count starts again from the day of rejoining to calculate Age+Tenure criteria for let go?
Annual Hunting Season is around and I don't see anxiety on this forum
I must be missing something. Cisco annual hunting season opening soon and like always I have not seen much anxiety on this forum. Either people have given up considering no point in speculating as this is the part of life in Cisco and no matter who... — read more
Arista's products are banned from entering the US
Does that mean there wont be layoffs this year? If Arista can't sell in the USA, Cisco will be making a tones of dough selling switches. Logic makes sense? https://finance.yahoo.com/news/cisco-scored-victory-over-major-004653739.html
Engineer Grade 9 vs Grade 10
I was wondering what is a Grade 9 minimum to maximum range and how long does it take for someone to bump up a grade? Location in SJC. The numbers I've seen are not really solid. I guess no one knows...
We getting a bonus?
When do we know (in the USA) if we get a year end bonus or not?
The frequency of layoffs at Cisco is ridiculous
Sure there are Layoffs, and to a certain degree, yes, that's business. BUT the frequency and - having just been throuh the experience again in my site - MANNER in which they are carried out are in my opinion not just business. The frequency smells of... — read more
Revenue outlook down
Cisco's recently published three to five year growth targets failed to impress on all levels. Revenue is expected to drop around 5 percent on annual basis by the end of fiscal 2017, mostly due to competition kicking our behind lately. With revenue... — read more
MIDDLE EAST LR
Heard that LR has already started in the Middle East ! Is it true? Anyone knows numbers? and countries?
Jerusalem NDS office
Is the Jerusalem NDS office closing? I heard the sad news about the former black hat team and Haifa office. Regardless, my condolences to my many friends in Israel if you are dismissed by Cisco. It was apparent to me from their $5Billion US purchase... — read more
It's July. The countdown begins!
Perhaps in 3 weeks we'll hear rumblings about the annual LR festival coming.
@O5SlHSp-bmw Your Treatment Shouldn't be News Worthy
I am glad things are good for you. They were for me for many years until the 1:1 meeting popped up. See how you feel about all of this when you are 50+ and get walked out the door. Look around and see how many 50+ people are in IC positions.
Check the link below where Cisco is petitioning 1000+ H1Bs and green cards per year
http://www.myvisajobs.com/Visa-Sponsor/Cisco-Systems/113035.htm
Cisco non-patriotic making Americans work today
While most American companies let employees enjoy the four day weekend, Cisco made it's American employees work today. You think this would slide in other countries?
Tata Elxsi Acquiring exNDS Fusion people?
Lots of rumours, anyone know anymore?