I have heard "end of month" a few times but nothing solid.
Anyone have any better data?
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To be honest, I've not heard of any LR on the immediate horizon, but like most I was hugely surprised there was nothing announced in the FY17 year end earnings call to Wall Street. That said, the company is struggling along and cutting more jobs is a quick win so I can understand why many employees are on edge and constantly looking over their shoulders for an announcement of the next LR. We typically dont have very long to wait but are enjoying the respite afforded to us during the last earnings call.
Oct10 and managers do have the lists.
Fake news. What a bunch of losers. I was told about this post and had to see for myself. By the way, the world ends tomarrow
I was just told October 10th - that date doesn't make alot of sense to me though.
Oct Fifth... Simple math. Declining Revenue - People Expenses = Stable EPS. Fat cats are leveraging overseas $$$ to lengthen that runway so they can line their pockets all along the way. This is not a company interested in innovation or capable of execution but rather pillaging from accumulated successes of the past, created by folks like you and I
3qfd - Confirm US corporate!!
Is Oct 5th accurate? Do managers have the list now?
They only announce big layoffs when the do the figures if the #layoffs they are planning need to be announced i.e. they are substantial enough to affect the earnings call. So if they do dribs and drabs over the year they don't need to announce them.
I suspect this is the way forward from now on. Lots of little LRs where there isn't a legal requirement to announce them.
By the way, most big companies are continually doing this.
I thought they only announce layoffs on quarterly calls..? Why would layoffs be in October..?
I can confirm any layoff date you want me to confirm!
Team meeting 11:00 October 5. This would be it, right?
Heard 2nd week of October for pink slips.
Red badges in TS laid off yesterday. 5 day unpaid furloughs also announced for red badges in TS.
@PlYtpJ6-1ytj, is lawrencville, GA affected?
Is LR expected to be company wide or YK's SPBU only? Cisco's SP business is in deep trouble so wondering.
Any details on the US first of Oct? How many? Is it specific organizations or more broad? I've heard several reqs have been pulled and some travel has been cancelled.
Any Numbers ?? how many Globally and from US ??
Was asking for US dates.
US supposed to be first week of Oct.
All countries are different. You need to be specific about where you are.