How this uncertainty and the poor employment security with the annual LR impacting the business and distracting the focus!! It is too bad
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recently, I went to Bay Area and had a drink chat with my Bay Area college mates long back, the common word is Cisco is dead and ready to be closed.. they were amazed at me still working there. now my friends are not young type, they are also the oldie type , at Tesla and some other hardware company in San Jose.. for them to say this, as a common theme, amazes me. so take this as the street word at techie. now I don't understand stocks, nortel was traded very high before it tanked..
My productivity definitely tanked the last month or so.
Annual layoffs is a sign of a company in a death spiral. No matter how good you are at your role, you are only an expense number to Cisco and nothing more. Think of the LR like the NBA Draft Lottery. When you are in your 20s and early 30s, you put your name in the pool 1x each year. When you hit mid-30s to mid-40s, you put your name in the pool 2x each year. Once you hit 45, you put your name in the pool 4x per year. Every year, every layoff your chances grow exponentially with age and salary. Your manager never says "Hey, I got you a 5% pay raise this year. However, it increases your chances of being laid off every 6 months by 20%!!!"