Cisco Systems Inc. Layoffs

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Topics regarding layoffs at Cisco Systems Inc.

February 2018 will eliminate all over 50 jobs

This is the layoff that will eliminate all job positions over 50 years. The company wants to go in a different direction and keep a younger and vibrant employee base. So all old geezers are out next year Good luck

Indian managers are the best

I have had many managers over the years white, Hispanic , Jews and some other random races. However the best are the Indian managers . They work hard and know their stuff. It’s unfortunate there are so many jealous people at Cisco who are racists and... read more

SPG Leadership

Heard of rumours about SVP and few directors of SPG were asked to leave in 6 months

Cisco offer evaluate

This is very important for me .. please advise . I am senior engineer 8 yes exp in Qualcomm bay area .. currently evaluating offer 130k + 12% bonus , no RSU , in software engineer 3 at Cisco systems , bay area . Enterprise BU How is CISCO vs qualcomm... read more

Question: laptop return ?

Are you wiping your laptop before returning ? How should it be returned back ? How did you return it or planning to return it ? Is there any official policy ?

Buying the SRX product line

Cisco is in talks with Juniper to buy the SRX product line. Sometimes enemies work together especially if it benefits both. Cisco, it is believed, will then kill the SRX and push existing customers to migrate to Cisco's existing security products... read more

Massive February 2018 layoff coming

Confirmed there will be a massive mid-February layoff descending upon the company. Profits are not there and labor cuts is the only answer. Strap on the belts because it will be a big one.

January/February UK layoffs

There are rumours there's going to be more in January and February. Expect a consolidation of RSM's as they look to remove management overhead. This is the new Cisco. Haven't heard anything about more layoffs in the UK that soon. Anybody knows if... read more

UK Layoffs

Quite a few people got the axe in the UK last week from various parts of the business. Not sure on final numbers but I know 4 individuals personally. No announcement and a month before Christmas. Classy.

Keep posting

I am shocked at how many VPs read this site. I think it has more reach than people realize. Also, Cisco legal seems obsessed with finding out who is posting. All good signs.

This is why Cisco continue to fail

Cisco can’t make up the difference Cisco’s Quarter: Are They Really Facing the Future at Last? “Applications are about 10%, Security about 5%, and Services about 25%. Two categories of revenue—applications and security—that are showing significant... read more
by | Post ID: @Ql4gP8N
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It's official: Cisco Is Doing Great Without You!

CSCO has not seen these levels since 2001, business continues to shift toward software model, and the market is sure feeling more positive about the company's future. There's a lesson to be learned, particularly by any Cisco Lifer that's been let go... read more

Footnote to earnings, another 1/4 of cuts

As Cisco put it in the footnote, In August 2016, we began taking action under a restructuring plan in order to reinvest in our key priority areas with estimated pretax charges of approximately $850 million. In the first quarter of fiscal 2018, we... read more

Letter from SWAPA to Ryanair Pilots

https://www.nytimes.com/interactive/2017/11/16/business/swapa-letter-to-ryanair.html The most relevant part: Southwest Airlines was founded by the legendary Herb Kelleher with the objective of bringing air travel to the masses. While it was founded... read more

Great Again

To all you looser haters, Cisco is on the way back. Time to go back to your dung piles and stop spreading rumors that are fake. There are no LRs happening right now.

It's working

LR will continue. Profit is up and stock jumps. This means the strategy of cutting costs is working. In the foreseeable future, revenue, employee morale, and product quality will continue to go down. We will see more layoffs and higher bonus for... read more

Earnings

Total revenue fell to $12.14 billion from $12.35 billion.... profitability is up 3.1%. So LRing a bunch of people resulted in cost savings, but still revenue drops... Maybe the execs should forgo their huge bonuses this year. Get ready for next... read more

Cisco's doing monthly LR now?

Is this how we should interpret recent events? Or, should I say it's a weekly thing? Such a great way to utterly f--- up the morale.

Today (Nov. 15th) is THE day of reckoning

A massive LR will be announced during the earnings call conference at 1:30 PM PST. 7000 heads will be wacked and an additional 4000 might be chopped at the end of Q2. Business is not good and is not expected to improve. Do yourself a favor and... read more

Underpaid at Cisco

Software Engineers at Cisco, are HEAVILY underpaid. At least in San Jose area. Yes, the work is more flexible, but I don't think this justifies the magnitude of underpayment. II recently interviewed at Tier 1 Sillicon Valley companies, and now have... read more

Financial Magic for the Twenty First Century and beyond:

Financial Magic for the Twenty First Century and beyond: As long as Cisco still has money parked outside the States, they'll keep buying back shares, and paying dividends. The combination of Regular LR and dividends hopefully still ease up investors... read more
by | Post ID: @QgLPKn2
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Crickets with every router!

We'll all eat crickets in 20 years, says Cisco's Chambers https://www.cnet.com/news/crickets-for-dinner-in-20-years-says-cisco-john-chambers/

Suicide?

2 news outlets are saying dead body found likely suicide - why do the threads here keep going down?

Failed Business Vision

CISCO paid $5B for NDS. Cisco unsuccessfully attempted to get synergy between the two businesses using 4 or 5 senior Cisco executives (one very, very senior executive declined the job and smartly took PTO to care for a family member). Cisco... read more

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