Topics regarding layoffs at Cisco Systems Inc.

Topics regarding layoffs at Cisco Systems Inc.

What to expect going forward:

LR packages will continue to shrink, that's is now given. They will manage payroll in the same fashion (one to two cut rounds per year) - the patters are repetitious. And yet, they always manage to throw in a curve ball or two.

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| 1170 views | | 3 replies (last February 14, 2024)
Post ID: @OP+1r3w7a8N

Missing WARN Notices

Do you know if layoffs have to be reported with the state? I am looking at https://edd.ca.gov/en/jobs_and_training/layoff_services_warn and there is nothing for 2024 there? If I filter on Cisco, I get only 2 records in last 12 months (below). I know... — read more 

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| 1200 views | | 1 reply (February 13, 2024)
Post ID: @OP+1r3cVy9s

Some useful info if you get LR-ed

I was affected July last year, some info which I think is useful: It’s not end of the world. They give you 3 months of having to do nothing while still covered by benefits and payroll. You can do a lot in 3 months (unwind, learning, networking... — read more 

New CEO

Keep hearing Chuck is out, but no one knows who is replacing him!!

i hope directors and above all get canned---useless

trim senior management by 50%. company will grow like 10x in next 2 years. the d-mbest people are ones who dont do any work but act like they know everything in world. talking to half these senior management ppl..they will tell you they are the... — read more 

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| 1140 views | | 4 replies (last February 13, 2024)
Post ID: @OP+1r3GyCtX

Heard the number is closer to 12K

in 2020 at Oracle, they called it Oracle Lights out and let go most of the support personnel across the US, keeping only some east coast and west coast, they let go close to 10k. Office spaces were shut down, etc. Everything else was outsourced to... — read more 

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| 2100 views | | 7 replies (last February 13, 2024)
Post ID: @OP+1r2cZw8o

Money extraction mode

Whatever they do in this round, nothing will change in the future. They may increase profit for the top, but this company will never be what it used to be a long time ago. Cisco has missed all the trains, and there is no way to catch up. Unless they... — read more 

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| 881 views | | 5 replies (last February 13, 2024)
Post ID: @OP+1r2eYKUL

Layoffs update

Which areas and units will be hit the most? Do we know?

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| 2110 views | | 4 replies (last February 13, 2024)
Post ID: @OP+1r2zRpe3

Bad time to have accepted an offer?

If one accepted a job offer several days ago before this all came about and have not started yet, as a US-based, SWE, Should we assume there is going to be a hiring freeze now? Sounds like Cisco has a history of continuing to bring people on despite... — read more 

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| 1170 views | | 8 replies (last February 13, 2024)
Post ID: @OP+1r22nQ7K

americas sales getting slashed

service provider sales is a gonner, to be rolled into a larger pool of enterprise+sp. this trend has been happening for a while now but it'll be over soon. goodbye sp!

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| 1850 views | | 5 replies (last February 13, 2024)
Post ID: @OP+1r2DfcPW

What Chambers has to say about HPE

Thrilled to congratulate my good friend Antonio Neri, CEO of Hewlett Packard Enterprise on the news that his company will acquire Juniper Networks. Now positioned to capture a larger portion of the cloud, AI, and networking markets, this bold move is... — read more 

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| 1660 views | | 9 replies (last February 13, 2024)
Post ID: @OP+1r2yI7YH

Cisco is no longer the leader they once were

True that once upon a time Cisco was an indicator of global markets because they were tech leaders. 2008 recession was 15+ years ago. Cisco is no longer the leader they once were, they are now lagging their competitors in growth in several areas... — read more 

Who is safe?

Do we know if any group/area can be considered safe?

Mid year bonus

If at all they are given out, would LR'd folks receive mid year bonus since they would have completed the first half of fiscal year ?

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| 2650 views | | 6 replies (last February 13, 2024)
Post ID: @OP+1r2FhzlJ

Global Downturn on Horizon

Cisco is a good barometer of the global markets. In 2009, Cisco did layoffs followed by a significant downturn among tech stocks. Is this happening again??

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| 1640 views | | 7 replies (last February 12, 2024)
Post ID: @OP+1r1LoO1Z

US Commercial Consolidation & LRs

As part of the high growth focus and restructuring announcement this coming week, in FY25 US Commercial will be consolidating regions. It simply does not make business sense to have regions that only do half of the business of other regions. This... — read more 

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| 2020 views | | 6 replies (last February 14, 2024)
Post ID: @OP+1r1Opt8H

Economy is Booming…

Don’t worry, you can easily get 3 part-time gigs to help the job numbers and replace your 1 job

Reality 2024: What Happened?

Long-term turn-away from using profits for technological innovation; instead of for the ongoing obscure currently popular social themes of that current year. Devaluing prior, proven high-earner senior technical development contributors... — read more 

FB Page for ex-Cisco Help

My second visit to this site in last two days, probably after over a year as I left Cisco in 2022. Really sad at the state of things as several of my esteemed ex-colleagues got LRed during last year at various times, some very senior folks. Just... — read more 

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| 1507 views | | no replies yet
Post ID: @OP+1r11RYu1

From a former employee with love!

For those SEs or SAs who will be affected by the upcoming LRs, remember that there's always hope for a brighter future. * I, too, faced a difficult period when I was personally affected by layoffs, which can often feel impersonal, though in my case... — read more 

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| 1423 views | | 3 replies (last February 12, 2024)
Post ID: @OP+1r1pgzSu

cisco lost to juniper

Citing high growth initiatives and AI is the reason for upcoming mass layoffs, it is evident that cisco lost to jnpr in AI space, particularly to Mist.

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| 1240 views | | 8 replies (last February 12, 2024)
Post ID: @OP+1r1yzdxt

Sales Artemis Overhiring

Who was brainiac in sales leadership that hired a ton of extra sales folks 4 months ago? Nobody even knows what they are supposed to be doing. Now a big layoff - what a way to run a business.

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| 1141 views | | 5 replies (last February 11, 2024)
Post ID: @OP+1r18Npn0

Cutting People Managers and Directors during this LR cycle

Too many managers and directors layers in Cisco. There are no reasons to have so many layers of un-productive people managers while pressure is on to cut resources who are responsible for products, services or support.

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| 2800 views | | 17 replies (last February 12, 2024)
Post ID: @OP+1r1eUWqg

The Real Number…

People telling you they know the number are full of BS. We know it’s between 10k and 20k from credible news reports. Beyond that it is pure speculation. Avoid the noise!

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| 2180 views | | 5 replies (last February 12, 2024)
Post ID: @OP+1r15mHG0

Approximately 5,160 employees are impacted.

1-1s and team meeting invites are being sent out... Your managers have a 02/16 deadline to hand in talent assessments and/or PIP discussions. If impacted, starting 02/12 your work will be monitored (legally) until you're released. Severance package... — read more 

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