Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

BONUS calculation

Company 125% Personal 125% 15% of 240K (just an engineer) The bonus is ? 240K 1.25 1.25 * 0.15 = 54,000 Alternate way for a loser ex CSCO: Buy 5400 shares. Wait CSCO from $113 to $123 Profit = 54,00 * $10 =$54,000 Promise you by NOV, it will be... — read more 


Cisco owes you nothing

g'day mates! Cisco Earnings Call today. Layoffs will be announced (prolly) It is not whether an LR happens today but rather the toxic culture Cisco has become. Annual goals have shrunk to half-year goals. Sales got consolidated with a paycut... — read more 


This is not a negotiation

The most salient line from the layoff call: "This is not a negotiation." Fine. Embrace it. Give them the one-finger salute back. I doubt you'll hear that line again tomorrow, though. Even the ELT already knows they've gone too far. Layoffs will have... — read more 


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