Take this as a tip from someone that got laid off a couple of years ago!

If your experience is in IT per se (programmer, DB, business system analyst, etc.), I wouldn't recommend at all looking for a job in another big tech-related Company like Oracle, Dell, IBM, MS, etc., etc., because sooner or later it will be the same nightmare for you.

In the last 2.5 years I've been on an IT job with a health-related Company, and I've been here much more appreciated. Yes, I might be earning a bit less, but I work 8-5; have excellent benefits, and now I have time to play with my kids, and be present on all their activities. In addition, I feel stability, which was something I never felt in my 9 years.

My wife and I haven't been happier in years... I hope this helps someone.

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Good post for project / program managers also. There are many companies out there looking for good people with our experience, especially if you are willing to commute a little farther. The $$ is very competitive also and projects are interesting.

However, be ready to sell yourself and give great examples. The interview schedules are tough and it takes a lot of time to look for a job, but if you make the effort weekly (15-20 hours a week applying and searching) it will pay off with a better job in a non-toxic environment.

The whole industry is maturing, but the margins are still healthy, so really, no pressures from this side. The challenge will be on the dividend side as it'll have to be paid and they have to free up the cash flow (decrease payroll expense) in order to do so - just remember your first years at Cisco... Were we paying any dividends at that time?

Thread regarding Cisco Systems Inc. layoffs

Take this as a tip from someone that got laid off a couple of years ago!

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