"Umm, I'm gonna have to ask you to go ahead and move your desk again... get it back as far as possible, that would be great." Milton’s response? A simple, defiant "No." Yet, despite his resistance, his boss still takes his red stapler. And in a... — read more
Anyone from Australia LRed?
Any ex-Cisco folk from Australia here been LRed in recent times? Curious what package you received? I’ve not been LRed. Might put up my hand in the near future though (unsure if that’s even possible). Thanks.
RTP will start the day first. Any notifications?
Good morning RTP, any notifications in your inbox this morning?
Do invites happen throughout the day?
What I'm asking is, if I don't have an invite by the official start of the workday, does that mean that I won't be getting one or is there still a chance one can pop up throughout the day?
Splunk layoffs: keep us updated please
Thank you cisconians for your sacrifice. We didn't get want to get acquired: there is zero upside for us. And we're sorry if this is because of our price tag. Let's get through this together
I've got the invite...
So, I'm US based and had a skip meeting put in my calendar for this morning first thing. Not looking good for me after 6 years at the company in the Meraki business. It was only a matter of time. This place is toast, no RSUs in several years, no... — read more
HA HA
For all those that thought "but only the bottom performers get LRd": How about them apples? To those that ghosted LRd coworkers and even lifetime friends (you know who you are), too bad so sad. Anyone still left at Cisco has no honor. Good... — read more
How long before the pressure builds on SH?
I know CR is getting heat for yet another pathetic year but SH seems to have gotten away with it. 0.61 for the company factor is the lowest as far as I am away (10+ years) all because he was unable to give a decent yearly forecast.
What does J2 Know about Networking??
didn't he come from some software company? The bread and butter of the biz now under somebody who doesn't know the first thing about networking? Make it make sense
Are Splunk folks impacted?
I’m from Splunk but just can’t stop thinking about it lmfao
Cisco and AI... the outcome and the speed of change
CR In earnings call when talking AI - We did a billion dollars in our ethernet switching with major providers (paraphrased)..... CR responding to an analyst question first part - as I said - we did a billion dollars CUMULATIVELY in AI... CR later... — read more
To those who have learned they will be LR'd
You're probably filled with emotions right now, such as: Why is this happening to me? How am I going to pay bills? How am I going to find another job? or Thank goodness it's finally going to be over soon I have been ready to leave for... — read more
J2 for JD
J2 for JD thoughts? I actually like this move.
AI teams safe
What are people's guesses? How long are AI teams safe?
G2 gets shareholders to pay $28billion for his promotion
SBG Revenue Growth: 2014 ... 16% 2015 ... 12% 2016 ... 13% 2017 ... 9% 2018 ... 11% 2019 ... 18% 2020 ... 12% JP joins Cisco Aug-2020 2021 ... 7% SS replaced GR Sep-2021 2022 ... 9% 2023 ... 4% TG rejoins Jan-2023/SS demoted 2024 ... 4% y/y... — read more
JD out, J2 gets Networking, sad
Finally the incompetent JD is out. Unfortunately the useless J2 gets networking. Very typical of Chucky boy to promote based on politics instead of performance. J2 has no real accomplishment and no real contribution to Cisco. He is so full of it.
Are the lists out?
Anyone knows if list is out?
Shiffman post JD
Now that JD is gone, who will save the favorites Shiffman and the useless Cisco networking strategy gang. Who else is getting the boot ?
LR package
Can someone, who is familiar with it, explain how LR package is calculated?
AppD To The Moon!
The best is yet to come!
Move on
Gosh, saw the announcement and figured to check this board today. Lots of activity; good luck folks. Getting LR'd can be the best thing that happens to you. Trust that whatever happens, you can't do much about it. Move on. Getting the boot... — read more
Did Cisco buy-back trigger the rally in after-hours trading?
Or simply because the fiscal 2025 guidance suggests a return to growth? Does anyone really believe it? With 7% headcount reduction and CPF ~ 61%, who do they try to fool?
Cisco LR - any big names who got liberated today ?
I was on vacation and found out that I will be on vacation forever !! now trying to cope with it... Are there any big names or always the folks at lower rung end up paying the price.
How did UCS, Nexus and Data Center Products and Services do FY24-Q4?
no direct mention during ER, which bucket these fit in? Any cuts?
WOW 50% more layoff in Aug than in Feb in 2024 - thanks to re-alignment, not cost cutting!!
4000 vs 6000 now. Simple strategy - Fire US people, hire cheaper Indian labor - rinse and repeat, and hope to impress wall street ;-)
Can anyone confirm lrs will be this week?
With evidence…
"Enjoy your 61% CPF, slaves". Yours, Multi-Millionaire ELT
What a bunch of a--holes...We have mortgages
How is Chuck still not fired?
is BoD completely in his pocket? Stock performance is horrible...Only enriching the ELT. 2 layoffs a year while ELT does a circlej--k
Oh well, so it’s all much worse than any of us hoped for
And now we get to enjoy another big LR which will be conducted without strategy, without a single thought about efficiency, with many competent people losing livelihoods while Cisco will not come out better for it. I’m a silly optimist, always hoping... — read more
Wall Street can see right through the bulls*** regarding Cisco's AI embellishing
Check out the video and article. https://finance.yahoo.com/video/cisco-systems-not-true-ai-205224291.html Some folks see right through the AI hype at Cisco. Chuck was embarrassing answering the AI questions and admitting that NVIDIA announcement... — read more
To all talented folks
even though Cisco keep doing layoffs every quarter people like to stay n crib. But don’t like to resign or search outside with various reasons like bad market conditions, skills need to be upgraded, have some dependency on visa.. etc., I’ve been... — read more
Cisco Embarrassing Earnings Call Was Total BS
Chuck and Scott sounded ridiculous trying to justify layoffs when they are firing 15,000 higher cost US based employees and replacing them with 7,000 low cost India employees for net layoff of 8,000 and $1B is savings
Not cost savings, but...
... part of the workforce will be moved to lower cost locations" Who are they fooling?