It is a rumour that CISCO is planning to layoff 750 people in India. This is very shocking considering the low cost factor in India. The severance package I heard is complete 7 months salary. Severance package offered by other companies in India is similar. Cadence - 6 month salary Motorola - 6-24 months salary Texas Instruments - 0 Yes it is zero. This company only has rosy picture, it has worst policy. They are doing back door layoff in India.
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