...same as it ever was...
https://www.sfgate.com/bayarea/article/cisco-mass-layoff-affect-hundreds-bay-area-18369882.php
The company will lay off 227 San Jose employees and 123 Milpitas employees by Oct. 16, 2023, according to documents from the California Employment Development Department.
In a November 2022 EDD notice, Cisco said it planned to cut 4,000 employees around the world.
350 is a rounding error. Really?
It's about 0.4% of the 84,900 "currently employed" count I've seen reported here. Even compared to the 13,000 laid off in 2001 it's about 2.7%.
The creator of the ongoing mass layoff was Jack Welch at General Electric. He created something called the "vitality curve" where people were stack ranked and the bottom 10% were laid off each year. As we've seen on this site Cisco employees still worship John Chambers who made quarterly layoffs a thing and his mentor was Jack Welch, so things really could have been worse.
These are not new:
The 350 employees were notified of the eliminations on July 17, 2023, and were able to choose Aug. 31 or Oct. 16 as their last day of work, the documents indicate. Though the employees were notified in July, the layoff notices were received by the EDD on Tuesday.
https://www.sfgate.com/bayarea/article/cisco-mass-layoff-affect-hundreds-bay-area-18369882.php
350 is a rounding error. Really?
journalists these days must have nothing else to report other than digging up old news to confuse the mass.
Yeah looks like the journalist(s) picking up the WARN filing failed to do a single element of due diligence and failed to notice ...
This news article got shared here several times by Cisco employees not doing due diligence. Wonder why our software su-ks?
Anyone left in Sydney should see the writing on the walls. Higher cost areas and higher cost employees are a target!!!
Yeah looks like the journalist(s) picking up the WARN filing failed to do a single element of due diligence and failed to notice these were previously announced, and consistent with notifications from July, 2023, which themselves were the conclusion (we believe) of the November '22 (4000) layoffs or thereabout.
Employee laid off in Nov '22 (rehired Feb '23) that is still internal and pays attention
Just keep pretending everything is ok
350 is not a mass layoff.
Old news. Those are July layoffs.