Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

UK Outlook

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 

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 

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.

Raises

Never worked for a company that didn't give raises every year. Weird.

Bonus

It's almost the end of the fiscal. Anyone hear anything positive about bonuses?

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?

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...

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 

@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.

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