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?