Thread regarding Cisco Systems Inc. layoffs

Bonus, salary increase, RSU refresh

Bonus, salary increase, RSU refresh are usually notified in early Sept, have all those numbers been determined already now?

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| 2722 views | | 11 replies (last August 13, 2024) | Reply
Post ID: @OP+1tYqAOoq

11 replies (most recent on top)

Well if you know anything about the industry in which companies actually do well and don’t keep needing to layoff - refreshers are grants given every year.

Chuckie and Fran should stop her stooges from letting employees dream about how the company would do without the likes of her and chuckle shutting off with the monies. And not growing the company at all

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Post ID: @1kov+1tYqAOoq

WTF is an RSU "refresh"? RSUs are granted, not "refreshed".

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Post ID: @1ywy+1tYqAOoq

@xra+1tYqAOoq The ELT LR bonus is going to insanely good this year. It’s an extra .5 multiplier!

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Post ID: @1bat+1tYqAOoq
I'm just waiting for my laptop to stop working as that is how someone I know was informed in a previous round.

It really depends on your manager and how much of a risk they think you are. I was in a system admin role with root permissions on EVERY Unix/Linux server anywhere in Cisco's Eng IT domain. While my root access and other admin permissions were revoked, I still have access to my laptop, email, VPN (back before Zero Trust enabled non-VPN access to stuff), internal Intranet, etc.

In all my years there, I've only known 2 people who had that happen to them like that and they were both contractors, not employees. I'd call BS on your statement, but it's possible they were considered a risk and/or their boss was a major pr--k.

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Post ID: @1cnc+1tYqAOoq

No. Tool opens 19th August. Keep kissing the proverbial.

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Post ID: @1amn+1tYqAOoq

I only got a worthless raise and zero stock last year so if you got stock you're lucky

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Post ID: @1igs+1tYqAOoq

CPF will probably be next to nothing which means IPF will be nothing. with half of our mid year given out, our bonuses are going to be straight a-s

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Post ID: @vin+1tYqAOoq

It was really bad for me last year in terms of my raise and refresher on RSUs. This year feels even worse though, so my expectations are very low unfortunately.

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Post ID: @xhg+1tYqAOoq

This forum discussion is about people getting stabbed in the back by Cisco, so raise is not important. x% raise on 0 = 0! As for RSUs, Cisco takes most of them back!

I'm just waiting for my laptop to stop working as that is how someone I know was informed in a previous round. Now we'll just hear from Fran how hard this is (yeah right, it is the norm) and how much fun the Olympics were for her. Give me a break! This is how our company works these days! It is all about the ELTs any more.

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Post ID: @cyr+1tYqAOoq

Wouldn't surprise me if they make the CPF negative and we have to return our mid year bonus advance.

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Post ID: @xjd+1tYqAOoq

Yeah. If you’re not ELT all those things are 0.

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Post ID: @xra+1tYqAOoq

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