Thread regarding Cisco Systems Inc. layoffs

Layoff Maths

Cisco will need to cut at least another 15,000 employees before August 2025. That is a given. The question really is when. What makes mathematical sense?

Whilst the consensus is that there will be a huge cut February 2025, I am not so sure. This is the mid point of the FY and makes perfect sense but the downside is that this will further demoralize the remaining good and loyal Cisconians. It will also present an undeniable pattern to current and potential employees that Cisco = twice yearly layoffs.

A big cut in November 2024 (end of Q1) also seems likely. This would also demoralize rank & file employees who are still disoriented from the disastrous September cut but I'm slightly leaning toward this eventuality. The end of Q1 is coming and the accountants are contorting themselves to spin it into a win.

What are your thoughts?

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| 16861 views | | 8 replies (last October 27, 2024) | Reply
Post ID: @OP+1vahVRvA

8 replies (most recent on top)

Crazy - if they wanted to cut more they would have done it already! They will cut people but first they’ll hire in low cost areas and they can’t do that now with elections. After that, irrespective of the winning party, jobs are going to Mexico, Poland, Serbia and South Asia (not just India anymore) and then will be cuts in USA, Canada , England, and even India! This is inevitable, but it won’t happen in November or even in Feb 25, will take atleast over the whole of 2025 and 2026. There may be some small 2k-3k cuts in between, based on performance and so on but not more than that.

No matter what you read or post on these boards, cisco is still making a lot of money and the business is still happening. They just need to cut costs for profit and that will happen slow.

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Post ID: @2frp+1vahVRvA

It's literally not a "given". What a d-mb post.

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Post ID: @fqb+1vahVRvA

At what point did the postings on this board turn to do----o? The content is garbage. Get back to real insights.

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Post ID: @xiv+1vahVRvA

What else do you expect in a company that there is no innovation, no growth, no direction, fake paycheck justification projects, corruption, favoritism, and more. In such companies employees are like a herd of cattle owned by ELT. They are there for Budjet adjustment so that the CEO and ELT can keep filling up their deep pockets.

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Post ID: @tlz+1vahVRvA

heck - just layoff 50% once and be done!

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Post ID: @jvk+1vahVRvA

"Shut up Mick. You seem like a sales guy who has nothing better to do
I hope all you stupid sales, marketing people get cut for not selling anything well"

You can't always get what you want

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Post ID: @bfz+1vahVRvA
The question really is when.

If you're talking about layoffs after Cisco spends the $1B allocation for this round, a good part of when will be in FY2026 and possibly beyond.

This would also demoralize rank & file employees who are still disoriented from the disastrous September cut but I'm slightly leaning toward this eventuality.

Disastrous? How was it so much different from every other major layoff Cisco has done, starting with the 27% layoff of 2001 where Cisco started all of this? Some involved significant advanced notice, and others didn't, yet people complained about both. The 7% which isn't even complete is still less than a real annual rank-n-yank, something Cisco tried at a half sized 5% level. Have they brought back another wage freeze? Were bonuses cancelled again? Is the job market dramatically worse than it was in the Great Recession of 2008?

20K is what is going around before Q4.

An up vote for the person who knows their memes! We'll miss everyone from RTP when they close that site.

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Post ID: @ncz+1vahVRvA

20K is what is going around before Q4.

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Post ID: @qnm+1vahVRvA

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