It's the same RTP is closing bozos every month
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Nope 500 impacted. I’m one
"No layoffs?" Then why did I have 5 notification meetings today?
Can confirm it’s happening
just like the guy who saw the list to be notified yesterday?
Per the Q3’25 filings, still restructuring budget left for localized LRs. I’ve seen the list. Mostly ICs with roll-up shifts to newly hired middle managers.
going out to some 500 employees
may be PIP only?
Can confirm it’s happening at a smaller scale and there will be notifications going out to some 500 employees
There is this sentence in the press release
Reflects charges related to a restructuring plan announced on August 14, 2024. We expect this plan to be substantially completed by the end of the first quarter of fiscal 2026.
So they have two quarters to finish that.
The net profit was slightly above the estimate. LR is inevitable. If not this quarter then it will happen next quarter.
Unfortunately, Cisco can only tout their invisible AI product “offering” for so long.
where is the guy who saw the list?
Some people just need to put down the conspiracy theory tin hats.
But but but all the well-connected users of this site claimed to have seen "the list"....
Yes but of course RTP is closing down
/s