Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

LR was the best thing happened to me!

I got my package in the last round of LR and found a job within a month with a Cisco competitor. Almost a year later I gotta say the LR was the best thing that happened to me at Cisco. Get out of the sinking boat while you can!

I feel like I've been offered a golden lifeboat

I got LR'd today from SP test. I'm pushing 50 but not there yet. I'm not sure of the scale yet. I've been with cisco for a long time and I've worked from home for the last several years which I consider a huge blessing. I don't know if it was my age... — read more 

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| 3940 views | | 8 replies (last May 19, 2017)
Post ID: @OP+NlylhL5

Patterns

Got LRed at 56. When they walked us out the door I turned around and it looked like the demographics of people leaving the men's room at a Garth Brooks concert. Grey hair, male pattern baldness and distinctly white.

1000+ LR-ed

We saw over 1000 people laid off at our location over the years. The big ones have come this time of year and after the FY. Buttt Cisco will lay off any time of the year in small unannounced layoffs. They have made that very clear over the years. You... — read more 

That speaks for itself

I left Cisco on my own after 13 years and returned to Oracle... After a 15 year hiatus. Did you know that 100% of all the managers and their management chain I had at oracle are still at Oracle 20 years later, and ZERO percent of my Cisco managers... — read more 

After 14 years at Cisco I was Laid off at age 58

Cisco has ruthlessly laid of 50+ employees for years now. After 14 years at Cisco I was Laid off at age 58. fortunately the Cisco partners in the US are in dire need of the skills the laid off workers have . Actually got decent raise working with... — read more 

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| 1830 views | | 1 reply (May 18, 2017)
Post ID: @OP+NlH2M0P

October Rumor

Heard something big is going to happen in Oct on the collab side.

50 + at Cisco? Beware.

If you are over 50 at Cisco, you are the ones most likely to get laid off. They lay off mostly the 50+ that drain the health insurance, then sprinkle a few millennials so it doesn't look like ageism. The only consolation after 12- years of working... — read more 

Perspectives from a LR'd guy...

To any Cisco-ite who is facing the dreaded 1:1...I was LR'd/RIF'd/WFR'd last August, and while I wrestled with a strange range of emotions -- anger, betrayal, relief, elation -- I will say that in hindsight it was the best thing to happen to me... — read more 

1:1 Schedules

there are 1:1's schedule for the 18th in the US and many other countries. Europe and some of the countries won't get notified for a while as their are EU approvals that are necessary. This will be an odd timing for LR as it may (probably) short... — read more 

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| 2324 views | | 1 reply (May 18, 2017)
Post ID: @OP+NlDNSOz

How long can the wool be pulled over?

It looks like the markets are starting to realise Cisco can't turn this decline in revenues around as easily as first believed. We all knew this already though. However the elephant in the room still is this BS about transitioning to software! Are we... — read more 

Bonus

I think cisco is going to screw us by not paying the Bonus this year to save money... any thoughts?

DataCenter Business closing?

Is It closing the DataCenter business in near future? Looking into the hardware dependencies & making a shift to software only model, it looks close in the near future.

Anyone think there will be another LR in Q4, too?

Do you think they'll double up this year with a Q3 and Q4 LR - as in large action? Smaller LRs have been happening all year. Wondering what the final number could be between the two quarters?

Structure of 1,100 Layoffs at Cisco (May 2017)

Do you know what the structure of the announced LR will be? In particular: Timing of Layoffs: When will layoffs take place? All in May? Geographies – where will the layoffs going to be concentrated geographically? US? SJ? Groups Affected – What... — read more 

SPVSS revenue decreased by 30%!!

"NGN Routing, Collaboration, Data Center, and Service Provider Video revenue decreased by 2%, 4%, 5%, and 30%, respectively." It should be clear by now what will happen to SPVSS, i.e. NDS.

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| 3340 views | | 5 replies (last February 28, 2018)
Post ID: @OP+NkdokPk

Let's LR older folks, bring in some fresh blood

your fancy iphone: designed by people in their 40s your fancy Tesla: designed by people in their 50s your fancy Intel CPUs that power your computers: designed by people in their 40s your fancy C++/python languages: designed by people in their mid 30s... — read more 

1100 more layoffs announced in footnote

From the earnings release, footnote to the GAAP to non-GAAP business outlook at the end of the release. Sounds like an additional 1100 people getting the axe: "(1) In August 2016, we announced a restructuring plan in order to reinvest in our key... — read more 

Trouble ahead.

http://investor.cisco.com/investor-relations/news-and-events/news/news-details/2017/Cisco-Reports-Third-Quarter-Earnings/default.aspx 05/17/2017 SAN JOSE, CA -- (Marketwired) -- 05/17/17 -- Cisco (NASDAQ: CSCO) Q3 Revenue: $11.9 billion -- Decrease... — read more 

We Do Not Owe You Anything

Diversions from the truth are tactics used for centuries. The truth Cisco has become a We Do Not Owe You Anything company and Cisco will do anything to keep the wallets fat of those on the top even if it means laying off good people that devoted... — read more 

Talent Retention

Having a ring side view into this season's LR circus, I believe it is just a miracle that the co has customers and there's even a score to measure their satisfaction. Somebody draws a list, some other decides. There's no thought given to talent... — read more 

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| 1410 views | | 1 reply (May 17, 2017)
Post ID: @OP+Nk7CDGC

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