They definitely knew this was coming when they assigned the July 4th shutdown week. While I had my doubts back then that it was to burn through PTO to avoid payout, I fully see that as fact now.

We layoff 4000 while SLT boondoggles in Paris embarrassing

What are the chances of 1k eyes being targeted this round?

Cisco hunger games have begun

Looks like Cisco is planning to cut 4000+ in the second round of layoffs.

Can any of your teams realistically afford to lose even one person? I know mine can't. We're stretched thin as it is since we have lost a few people in every single round so far and they never hired anybody to help us. I think losing somebody else is... — read more 

Layoff Thousands and Burn $100M For One Hour Show-Worst CEO Ever

Thousands and thousands of job losts at legacy tech. It's sad to see this play out but there is a ton of growth in other areas. I just hope things stabilize soon.

and yet, here we are today...

https://x.com/TheLayoff/status/1821961513084805226

**MSN ** https://www.msn.com/en-us/money/companies/cisco-is-the-latest-healthy-tech-company-to-cut-jobs-with-4000-layoffs/ar-BB1ijBus - Cisco is reducing its workforce by 5%, amounting to approximately 4,000 jobs. The layoffs are part of the... — read more 

Scope and Impact of Layoffs: - Cisco's layoffs are substantial, involving thousands of jobs across two rounds in 2024. The first round affected approximately 4,000 employees, and the second round may involve a similar or larger number. ... — read more 

Market is up but CSCO is down on news of the layoff. They know Chuck is a one trick pony and it never works out how he says.

We need congress to step up and help out the working class. Here is my proposal: Proposed Legislation: Corporate Accountability and Workforce Protection Act" ### Purpose: To ensure that executives of large, profitable companies are held accountable... — read more 

Avoid any one-to-one with manager or in your chain, in case manager is in list as well.

That didn't take long. F this ELT .. https://www.reuters.com/technology/cisco-lay-off-thousands-more-second-job-cut-this-year-sources-say-2024-08-09/

In a toxic and corrupted Cisco culture most managers are incompetent and work for their paycheck not for the company. Anyone who cares about the company and speaks the truth gets alienated and then eliminated. There is no hope for Cisco. It is too... — read more 

The blame for this lies squarely on the shoulders of the parasitic leaders who began infecting this company 5 years ago. They have failed in their duties and on so many levels. Most importantly squandering opportunities to grow and evolve the... — read more 

Name the organization or the level of management that you think should be reduce drastically or eliminate.

If you've been at Cisco for a while and receive a decent paycheck (a hard-earned paycheck, mind you) you can consider yourself as good as gone. I'm not trying to scare anybody, but I'm in this group and while I managed to avoid layoffs so far, I'm... — read more 

Aug 9 (Reuters) - Cisco (CSCO.O), opens new tab will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the... — read more 

Even rumors were late to the game. I hope they’ll get me this time. I have another opportunity lined up (not 100% sure, but it’s looking good). Even without it, I can’t wait to be let go. That is not to say that I don’t feel for others. Many of us... — read more 

No such luck to avoid or to hide. Hope more managers and directors this time. Reality is sinking in. Cisco is getting every one preparing for a formal announcement. It’s out in media:... — read more 

We're looking at weeks if not months of stressing as we wait to find out where and when layoffs are going to hit. Considering that it's 4k people, it's hard to imagine that many will be lucky to see their areas unaffected. I thought major tech... — read more 

https://www.reuters.com/technology/cisco-lay-off-thousands-more-second-job-cut-this-year-sources-say-2024-08-09/

Which groups are being impacted?

How someone who has ZERO impact to the acceleration or growing a sale makes 100's of thousands of dollars a year is shocking! Shareholders should be at Chuck's front door with torches and pitchforks. Every heard of MONEYBALL? Replace RM, Dir and... — read more 

ELT is still not aware, listening or just ignoring massive headcount reductions

I already see it happening in CX, red badges are vanishing both off-shore and on-shore. Acquaintances from other orgs see this as well.

I sure as he-l hope they will finally cull bloated mid mgmt and top. OK, fine, some of us must go as well. But if layoffs are again wholesale by the numbers and not based on the actual strategy, the effect will be zero if not negative. Unfortunately... — read more 

There are rumors circulating big cuts coming due to Splunk acquisition Can anyone confirm?

https://ir.tyson.com/news/news-details/2024/Former-Cisco-Systems-Technology-Executive-Appointed-to-Tyson-Foods-Board-of-Directors/default.aspx I expect some to start suffering from food poisoning soon

Stock will tank to less th 30 It’s gone

Is it true that in coming 6/12 months cisco will release all the on-site contractors (red badges) from US locations. Cisco will be hiring same in Cisco Banglore/Stockholm/Dubai

Is any of it true? Can we expect a big round or not? With all the news and a lot of gossip, I really can’t tell if there is any truth to it or it’s just elevated fear.

With the new guidelines and useless requirements being sent out by Sr Leadership they will ki-l the SE org off and have nobody left.

Enough said!

https://www.msn.com/en-us/money/companies/ar-AA1ojMRh Recession looms as AI automation replaces low income workforce

For the heck of it, I looked at about 10 other companies on this website and Cisco has about 5x more posts than the next closest company…We all know this website has a ton of trolls, complainers, etc. but the fact is people are fed up of this company... — read more