#paycut

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Working at Cisco just lost another perk

At Cisco employees have been getting paid well for working "on-call" hours for many decades. Many suppliment thier income with this pay and has always been a great part about working in the support organization. They let us know today that we have to slash the costs by 50%. This will be a reduction in people's pay by about 60-80%, and you are still on call for the same or more hours. I heard that this is to be in place of a layoff, but my guess is that this will be just be putting off a layoff for a little bit longer. Typical corporate cr-p, say that you won't layoff people and then layoff people. I understand that a business existis to make money, but to keep having layoffs when our profits are higher than they have been, it just stinks of greed.


Hush little baby

Don’t say a word.. Davy’s gonna buy you a mockingbird.. and if that mockingbird doesn’t pay… you’ll get to keep your benefits and LP. ASK: does anyone know how many huckleberries got demoted and how their pay/ pay progress was impacted? Why is that not all over the media? Career earnings stunted in STL and TEMPE by major employer