Thread regarding Cisco Systems Inc. layoffs

Dodged the bullet this round

Frankly, I don’t even know how to feel about it. I was almost hoping to be let go, yet I’m glad I’m staying for now because the job market is cr-p. Talk of the week is that the recession is not coming and the job market is expected to recover next year. Even if that’s the case, I’m not so sure that it will apply to tech jobs. With all the offshoring and AI, my hopes are not getting up.

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| 831 views | | 5 replies (last September 30, 2024) | Reply
Post ID: @OP+1uH9wtQb

5 replies (most recent on top)

If recession does not occur it will be the first time interest rate inversion + .5 % rise in unemployment signals are wrong.

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Post ID: @4sia+1uH9wtQb

I'm in the same boat as you. Manager told me I was on the list, but they decided that we are understaffed currently so that's why I stayed. If they announce a new layoff in February or maybe even earlier, I'm most probably gone.

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Post ID: @4qqm+1uH9wtQb

Still going 'n going like Duracell. 23-year Cisco veteran.

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Post ID: @1bdd+1uH9wtQb

The grim reaper will come at some point. Act accordingly.

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Post ID: @1bdo+1uH9wtQb

Congrats on winning this round in the hunger games..!
I did for many years, until I didnt....

However Its a brutal market out there.

Focus on your skills while still there and prepare for your next job

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Post ID: @wmk+1uH9wtQb

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