Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

Internal reqs frozen

Are all internal reqs frozen currently ? i heard that CR's office has to approve if they go forward with interviews especially with the LR folks

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| 1490 views | | 8 replies (last October 17, 2024)
Post ID: @OP+1v231Lo4

Splunk acquisition is a strategic mistake

Nothing has gone better due to this acquisition except laying off people. Not at all useful for cisco's core business. What cisco is trying to become next is something no one knows.

How much more stupid can you get?

“I was talking to an NBA player and he told me that to be on the championship team you need to have less game time, get paid less, work 7 days a week, not get any publicity or press time. But you do that and you’ll be on the winning team” Quoting... — read more 

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| 830 views | | 3 replies (last October 17, 2024)
Post ID: @OP+1v2aX03t

Request for advice on selling RSUs

With the stock price being high right now, I’m tempted to sell my RSUs. However, I expect my tax bill to be outrageous next year due to the severance payout. Also, I expect not to make a lot of money next year as I’m considering retirement. Should I... — read more 

RSU's when you quit

I have finally secured a new role, and right now I'm just negotiating and finalizing the last few details. Honestly, I've had enough of this layoff cycle, and it feels like a big relief to be leaving Cisco. Now, I have a small doubt—will my RSUs... — read more 

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| 810 views | | 5 replies (last October 17, 2024)
Post ID: @OP+1v14urNO

Who forgot to turn on the Hypershield?

This could be disastrous for Cisco. IntelBroker, a black hat hacker residing in Russia, has stolen data from Cisco, including the company’s business customer data. The breach includes Hundreds of organizations, including the likes of Amazon... — read more 

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| 1950 views | | 20 replies (last October 20, 2024)
Post ID: @OP+1v1b4hyC

Possible Major Data Breach

There’s word on the security forums that there is a major data breach of Cisco, impacting some of their largest customers and involving source code, API keys, confidential information, and so on. Supposedly the information is up for sale already. ... — read more 

Still trying to make sense of it

What struck me in the latest round of layoffs is how many experienced and skilled workers were let go. It's even more puzzling knowing who managed to keep their jobs. It makes zero sense, given the talents and experience some laid-off workers brought... — read more 

Morale is at all times high

My team is more cheerful and productive than ever. Layoffs are producing miracles! Some guys even acquired specific skills overnight, so they can fill in for booted teammates. Of course, they do that along with their own tasks, in which they’ve been... — read more 

Disgruntled Employee?

https://www.tipranks.com/news/the-fly/cisco-moves-lower-amid-talk-on-x-of-security-breach Thoughts if accurate?

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| 1260 views | | 8 replies (last October 16, 2024)
Post ID: @OP+1uZQakxA

US Commercial AVP Defunded Events for London Trip

Is anyone else seeing their AVP defund events so he has enough money to go see his cheating Patriots in London. We have had no money to do events and now we know why. AVP is cheating the field out of budget for this trip. Of course it will be said... — read more 

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| 1000 views | | 6 replies (last October 18, 2024)
Post ID: @OP+1uZGZN09

Leave Cisco

You're the only one who's in charge of your life. I understand this is the place for people to vent, but if you're just venting and not doing anything to change your situation, what's the point? Personally, I'm here because I'm still hoping to get... — read more 

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| 1070 views | | 8 replies (last October 16, 2024)
Post ID: @OP+1uZOZ7Dj

Why the surprise?

Cisco acquired 10k including Splunk and LR’d roughly the same number. It’s to be expected

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| 850 views | | 9 replies (last October 19, 2024)
Post ID: @OP+1uZVspoo

Long-Term Cost of Layoffs

"Our 2020–2022 research found it took 12–18 months for engagement to rebound after layoffs. And for 2023 layoffs, the recovery is looking even longer, at 18–24 months, and that’s only if you hire new employees to backfill essential roles. For... — read more 

Volume of Ghost Jobs Growing

We now are seeing 10x the number of fake / ghost job postings in the last few weeks. What is the rationale behind this?

How’s your job searching going?

I’m starting to get tractions on securing more interviews. Hopefully one of these companies can put me out of misery here.

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| 690 views | | 3 replies (last October 13, 2024)
Post ID: @OP+1uYqo2nv

Will LRs Accelerate?

As reported in WSJ yesterday, the economy is headed for a major recession followed by stagflation. Will LRs accelerate as these economic events unfold or will they stay the same?

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| 1090 views | | 8 replies (last October 12, 2024)
Post ID: @OP+1uXFiykx

Cisco Layoffs Q2 FY25

Cisco Currently has 90,000 employees. Chuck is exiting Cisco and Gary Steele (former Splunk CEO) has been tasked with reducing Cisco's headcount by 50%. 2024 Y/Y Revenue was -10% The disastrous Q1 FY25 Layoff fiasco cost Cisco an entire quarter of... — read more 

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| 3410 views | | 17 replies (last October 19, 2024)
Post ID: @OP+1uWjqA7e

PTO Payout

Does anyone know when the unused PTO is paid? I don’t see it in today paystub.

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| 1170 views | | 5 replies (last October 14, 2024)
Post ID: @OP+1uWPdn2C

UK Layoffs

Heads to be chopped to be announced in another 2 weeks time. Consensus is around 15% of local blue badges. All the best to everyone.

Industry wide LRs expected through end of year

𝘛𝘩𝘶𝘳𝘴𝘥𝘢𝘺’𝘴 𝘤𝘰𝘯𝘴𝘶𝘮𝘦𝘳-𝘱𝘳𝘪𝘤𝘦 𝘪𝘯𝘥𝘦𝘹 𝘴𝘩𝘰𝘸𝘦𝘥 𝘱𝘳𝘪𝘤𝘦𝘴 𝘳𝘰𝘴𝘦 2.4% 𝘪𝘯 𝘵𝘩𝘦 12 𝘮𝘰𝘯𝘵𝘩𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘚𝘦𝘱𝘵𝘦𝘮𝘣𝘦𝘳, 𝘳𝘶𝘯𝘯𝘪𝘯𝘨 𝘩𝘰𝘵𝘵𝘦𝘳 𝘵𝘩𝘢𝘯 𝘦𝘹𝘱𝘦𝘤𝘵𝘢𝘵𝘪𝘰𝘯𝘴. 𝘈𝘯𝘯𝘶𝘢𝘭 𝘤𝘰𝘳𝘦 𝘪𝘯𝘧𝘭𝘢𝘵𝘪𝘰𝘯 𝘢𝘭𝘴𝘰 𝘰𝘷𝘦𝘳𝘴𝘩𝘰𝘵 𝘧𝘰𝘳𝘦𝘤𝘢𝘴𝘵𝘴, 𝘸𝘪𝘵𝘩 𝘱𝘳𝘪𝘤𝘦𝘴 𝘦𝘹𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘷𝘰𝘭𝘢𝘵𝘪𝘭𝘦 𝘧𝘰𝘰𝘥 𝘢𝘯𝘥 𝘦𝘯𝘦𝘳𝘨𝘺 𝘶𝘱 3.3%. 𝘈 𝘴𝘦𝘱𝘢𝘳𝘢𝘵𝘦 𝘳𝘦𝘱𝘰𝘳𝘵... — read more 

Insight into the coming storm

Copied from Splunk - URL below Top talent started walking out the door when Gary started. A trickle has turned into a flood as he's continued to worsen employee experience for the benefit of shareholders (not to mention lie repeatedly - redundancy... — read more 

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| 1740 views | | 7 replies (last October 11, 2024)
Post ID: @OP+1uVof9GI

Cisco and Mental Health

Today is world's mental health day. Cisco is certainly one of the worst companies when it comes to mental health.

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| 710 views | | 7 replies (last October 13, 2024)
Post ID: @OP+1uVmh6b7

The Future of Cisco

Cisco is a pretty good job. Cisco is a huge company with hundreds of products, dozens of organizations and tens of thousands employees. For Job satisfaction, the devil is in the details. If you have a good team, a good manager and a good... — read more 

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| 2530 views | | 17 replies (last October 11, 2024)
Post ID: @OP+1uVYQRbN

Apple to pay $25M for allegations of discriminating against U.S. citizens and greencard holders in their hiring process

Justice Department Secures $25 Million Landmark Agreement with Apple to Resolve Employment Discrimination Allegations Based on Citizenship Status Under the agreement, Apple is required to pay up to $25 million in backpay and civil penalties, the... — read more 

Really?

Whenever I need a good laugh, I come to this forum. If you’ve been laid off, I’m sorry, but what makes you think you were top talent? And thanks for the market analysis from those who worked in Sales or CX — with “knowledge” like that, you should... — read more 

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| 1310 views | | 7 replies (last October 11, 2024)
Post ID: @OP+1uUOmWDQ

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