Thread regarding Cisco Systems Inc. layoffs

LR rumors are 5k - 8k whispers in HR

Get ready this LR is going to be painful. Planned cuts targeted at Sr Managers/Directors level…

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| 4011 views | | 10 replies (last August 13, 2024) | Reply
Post ID: @OP+1tWsdAQy

10 replies (most recent on top)

I heard 10%, which is 8500. If you discount 20% then roughly it is around 5.5K to 6.5K

Where have you heard it's 10%? Are we here in a supermarket or from where do discounts come from? A 20% "discount" would make it not 5500 to 6500 but 8500*0.80=6800.

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Post ID: @3dzd+1tWsdAQy

JD, JP should be part of this cut

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Post ID: @2kfe+1tWsdAQy

I heard 10%, which is 8500. If you discount 20% then roughly it is around 5.5K to 6.5K

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Post ID: @2krg+1tWsdAQy

Agreed, it should be at least 20,000 at a minimum. And ask for the golden parachutes back from Maria, Gerri, and Ruba

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Post ID: @1joj+1tWsdAQy

It was put to board, about 8 years ago, that Cisco headcount should be cut in half in light of the impact of cloud and Cisco inability to be seen as a cloud provider (blame the partner organisation as they put the brakes on any direct selling) back then hc was 67k, mid 30kg ish… maybe Cisco is finally making the right decision and ditching the partner team!

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Post ID: @blo+1tWsdAQy

Newspapers? What are those? /s

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Post ID: @gvy+1tWsdAQy

We really need to take out 20k to weed out the duds. Way too many clowns impacting our mission. Let's rip the band-aid off!

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Post ID: @ofj+1tWsdAQy

4K+ is what the reporter said but real number is 10K-15K

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Post ID: @ueh+1tWsdAQy

Newspapers saying 4k+. Just comparing it to the last one. With the major addition of splunk this is probably not a normal "just 4k" hit. Everyone should add AI to their title ASAP.

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Post ID: @ugu+1tWsdAQy

Aren’t the newspapers saying 4k?

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Post ID: @kyr+1tWsdAQy

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