I'm just going to leave this here: https://techcrunch.com/2023/12/15/tech-layoffs-2023-list/ Next time y'all go thinking only Cisco does LRs, go visit that site. It's the only way corporate America knows.
All new hires seem to be quiet quitting
Good. It's good to know that the younger generations are smarter than us. Work what you are paid for and that's it.
PAN Playbook NOT Working and Leading to 3rd LR in a year
It is abundantly clear that the PAN playbook brought in by the former PAN sales and engineering “leaders” is NOT working. All these massive changes and it is a disaster. The numbers do not lie. They are now planning for their third LR in Q3. That... — read more
Principal Engineer compensation
Can you guys share a typical package for a principal engineer role? I gave an interview with security BU and it went well. 23 years of experience overall, I am currently with a competitor with the same title.
Jobs posted in RCDN
There are a bunch of openings posted on the door at RCDN. Strange thing is that I cannot find them on the jobs site. Is this by design?
Insider Sell: EVP and Chief Legal Officer Deborah Stahlkopf Sells Shares of Cisco Systems Inc
Sold more than 3 million but hasn’t bought any stock? https://finance.yahoo.com/news/insider-sell-evp-chief-legal-200105553.html
Cisco is being swallowed
Cisco Market CAP: $202B ZS: $30B PANW: $100B JNPR: $9B ANET: $71B HPE: $22B Total competitor market cap exceeded Cisco. This doesn't count numerous other networking vendors.
Raised a Case on Harassments by Boss, but Asked to Resign. Why?
Raised a case about multiple harassments and bullying by my boss. HR and Employee Relations said to me weeks later that they investigated and conducted hearings from various people, but they could not confirm and did not admit those multiple... — read more
METRICS
I hope you like having your metrics tracked, because if you thought sales was already micromanaged…you ain’t seen nothing yet. Tune in tomorrow.
10M+ in salary
Which group has
Cisco EMEA is a weird place: micromanagement AND lack of supervision
I recently left Cisco EMEA because of the terrible downsides of their culture. It can be a fun place to work, but NOBODY has agency to actually make decisions. Any leadership team up to the EMEA SLT is only talking but not making decisions. Feels... — read more
IBM leaked video race based hiring
Cisco is the same on this DEI train. I personally know that MM had equity budgets for folks based on race. leadership meetings where diversity hiring has been openly discussed. Need to hit X % is common . Looking forward to seeing this get brought... — read more
How is FSO doing?
Curious how Full Stack Observability is going. Any risk of layoffs there?
As good as it gets
I'd love to leave Cisco for greener pastures but I'm having trouble finding them. I did some research on each company in our industry I considered applying to and what I found is that every single one has the exact same issues as Cisco. It's enough... — read more
Seeking experiences with not signing Cisco waiver and getting attorney help?
Looking for US experience with refusing to sign waiver before leaving, and taking up your case with work place attorneys. Cisco pays few months severance (one can claim unemployment) but other benefits like PTO hours saved etc. should still get... — read more
Another miserable year nearly done
I didn't think it was possible, but each new year at Cisco is worse than the previous one. From more layoffs to hits to our benefits to managers behaving worse and worse as they figure out they can get away with it... Cisco went from being one of the... — read more
LR in Jan-Feb
Same source as the one who had predicted LRs in August and then in November says VP and SED in UKI have requested names for Jan-Feb timeline. Target is sales .
What fate of nexus BU ?
No new Customers Arise also having same issues If this continues for next 1 year I think Cisco nexus will be closed permanently
I need to take stress leave...
What is your direct experience with this situation at Cisco? What are the risks?
What's happening today?
I've been hearing different rumors, I'm hoping somebody here can clear it up.
People Landscape - A seismic shift since 2020
Did anyone catch the slide "Our People Landscape" during this week's Cisco Beat? I've seen more than a few posts here where commenters have said that it's an undocumented fact that Cisco is trying to lower the average age of its employees. I think... — read more
Mandatory Furlough
Call it what it is -- this "shutdown" is just employee furlough. A forced pay cut.
Y’all were lying about SE pooling
Account SAs never got pooled and even TSAs are moving away from it.
Future of Cisco PTO
Clearly Cisco wants to reduce the amount of accrued PTO that is sitting as a liability on the books. The inflexibility of mandatory PTO is not going over well with employees. Would Cisco move away from the accrued PTO model and adopt unlimited PTO?... — read more
Cisco piloting attentitive to watch you
Did anyone hear all that talk about accountability and hybrid work agreements? They will be watching you. Get to work or they will find a way to LR you utilizing this new tool.
Why do you stay at Cisco?
This is not the same company it was five years ago, not to mention a decade ago. The culture has changed drastically, the compensation is not nearly as competitive as it once was, and layoffs are always present, whether small, continuous ones, or... — read more
The Beat - Impact
Today’s meeting noted they reached the 1B goal early! Does that include those “Impacted” by LR’s? 😉 “We are committed to validating our impact We engaged global professional services firm PricewaterhouseCoopers (PwC) LLP to conduct an independent... — read more
Using 10 days of PTO are we headed for another LR?
Today’s beat said that we are to use 5 days in December/January and 5 days in July. This doesn’t seem to be a good thing.
Any Insight Into the Hiring Freeze?
I am currently seeing new reqs go live on the job board, yet they announced hiring changes last week, without any insight into "what" is being classified as critical... I'm in the interview process for a couple of roles (sales) and have been told... — read more
How to know if a person in PIP ?
One of my colleagues is deeply concerned about being placed on a Performance Improvement Plan (PIP). His tasks have been assigned to someone else, leading to a decline in his perceived value within the team in terms of both work and responsibilities... — read more
Stock vesting change
I guess the rsu vesting change is to retain older employees? Or push them out? Starting next Nov rsu will vest 100% if you leave and meet some age and service requirements
Did MM just announce upcoming LRs?
From the language, it seems like there are gonna be budget cuts coming. "Despite a strong Q1, we are also experiencing a temporary slowdown in customer demand, requiring an adjustment to our expenses. My leadership team and I are aligned on some... — read more
Cisco is an activist company campaigning for homeless shelters
It's been a joke Cisco is a tech. Look at the CEO, all he wants is looking for attention.
Know Your Rights - National Labor Relations Act
Section 7: “Employees shall have the right to self-organization, to form, join, or assist labor organizations to bargain collectively through representation of their own choosing, and to engage in other concerted activities for the purpose of... — read more
Shareholders Must Be More Conservative With Cisco CEO Compensation
CEO Chuck Robbins' Total Compensation is 206% above industry average Shareholders don't want to see the CEO paid more than is normal for companies around the same size considering under performing
SHAMEFUL-Chuck and the ELT at Four Seasons in Hawaii This Week
Field Sales Party with select employees AND spouses flying first class to Hawaii Sales down 20 percent, but don't worry, as the recent Layoffs will cover the $200M+ cost for this week's boondoggle
Leaving to a competitor
Seriously thinking in resigning soon and going to a competitor (Direct big competitor), and I don’t want to have a gap in my income, so thinking in quitting on Friday and starting on Monday with the new job. I was told Cisco will terminate you... — read more
Cisco protects managers and long-tenured staff, by any means, no matter what...
Cisco protects managers and long-tenured staff, by any means, no matter what, and justifies their bullying or harassing behaviors. That's what HR and Ethics do.