Thread regarding Cisco Systems Inc. layoffs

If I repeatedly fail to do my job, it is more than likely that my a-- would be fired in no time. So why do we still keep those same execs who have repeatedly failed and resorted to company downsizing and layoff every year or two to demonstrate profits.

20% would be awesome, a strong indicator that management no longer believes Cisco will ever recover and grow.

Although a bit shocked at the numbers, glad to hear that it won't be (likely) as big as they said in the news release. For those giving the big "fu" to Cisco, I personally love it here. It is the best company I have personally worked for, having been at HP, CA, and a handful of other companies in my career. Regardless, not fun anytime there is downsizing (I was downsized at CA), but, it isn't a personal thing if that helps at all. All that aside ,again, very proud to work here...

I love these armchair experts who seem to know all about the pending layoffs before the market announcements.

Because this is market sensitive information, the actual numbers will only be know by a select group - who certainly wont be running to thelayoff.com to air the laundry !

7-9% is what we hear and makes sense. .. 20% is super aggressive and will bring down several business units and organizations inside Cisco. .. CRN is high on steroids and the dumb part is that major outlets are just republishing CRN news blindly.

"A VP here, its going to be tough but the number is sizeably smaller. Good luck all."

The number is sizeable smaller - which number, the layoff count or severance package?

A VP here, its going to be tough but the number is sizeably smaller. Good luck all.

No way on those numbers. That would be all of RTP and half of SJC.

Sorry if this is a dumb question but what is retroactive cobra pay

I dunno about you guys after 8 years of this crap but my exit strategy was crafted in June. The big fu to Cisco is my whole team coming with me that are all new grad programmers. Others are doing the Sam on other teams.

Bonuses will be paid as the fiscal was completed. Still a good package when you hear what's happening in IBM and HP.

Getting rid of the old lions and recruiting cheaper young tigers. Will be good short term, but you've got to believe that the long term isn't so favorable for Cisco. The MPLS debacle and other examples will come back to bite them in a few years. Can't see Mario and co cooperating with Chuckie. New disruptive Arista is on the way....

Why Guillermo Diaz ?

Isn't he CIO. Do you mean majority of lay-off it IT. Doesn't make sense as IT does not have so many employees.

no early retirement. chuck is against it.

What about early retirement? Did anybody hear anything?

The speculation is fantastic, some of the humour is funny.....all things consudered. The CRN story on the 14K number comes from Ankit Ajmera in Bengaluru; Editing by Sandra Maler and Sunil Nair. Enough said.

What is SJ headcount?

12.4k headount in rtp

5771 in RTP? That would be the whole campus! That's about the total number in RTP!