It’s the best I’ve felt in years. Enough said.
Topics regarding layoffs at Cisco Systems Inc.
Hostile workplace class action suit Cisco
A class action suit has been filled in California against Cisco for creating a hostile work environment. Does anyone have more details? The pacer case number is all that exists at the moment.
I feel sorry for Acacia employees
I know there aren't that many of them, but boy are they in for a rude awakening. I don't know what their company was like before this, but I looked around on the usual suspects (Glassdoor, LinkedIn...) and it seems decent enough. Can you imagine the... — read more
Acacia has 0 comments
thelayoff.com/acacia-communications or /acacia-communications
Brilliant...Cisco pays $115 per share for Acacia, previous price $70 per share
Chuck is a master of negotiation. $70/share was a 46% premium when it was agreed on in July '19. At $115/share, the purchase is a 250% premium on the original price. Now you know why they have to layoff 10,000 employees.
I see nothing has changed
It's been two years since I left and it looks like Cisco is still attempting to cut its way to profitability instead of actually trying to fix everything that's been broken for years now. And apparently after years of trying to do the same thing the... — read more
RIP UCS
UCS is dead, what's left of the product is for sale. No growth, low margins, no ARM strategy. Who would buy the carcass??
I just got notified
Well it’s happening
Chuck comes out of his basement
to be brave enough to state the obvious...only he didn't six months ago
USPS Courageous Conversations
For those within the CX USPS space, it is common knowledge that organizational surveys are way down for the past year, and still declining rapidly quarter after quarter. I wanted to gather a pulse on the Courageous Conversations meeting that occurs... — read more
Cisco files for temporary restraining order, motion to expedite in Acacia
Like a bad divorce...this is yet another example of how terrible Cisco is viewed. Acadia doesn't want to have anything to do with Cisco.
2H LR
Share what you know. Hearing big sales hit in Feb.
Lunch with a Cisco Employee
A little over a year ago I was interviewing for a position at Cisco. I had been through about 8 interviews for the position. I was told by the hiring manager that she would be contacting me with HR in the next 2 days with an offer. 2-weeks later I... — read more
Email access
Why do some people who got LR still have access to their Cisco emails after their last day? People can still send emails to them and some can still access their emails.
Google workers announce plans to Unionize
https://www.theverge.com/2021/1/4/22212347/google-employees-contractors-announce-union-cwa-alphabet
REPORT: TECH GIANT CISCO ABOUT TO LAY OFF 14,000
California Business Journal Friday, Jan 1, 2021 While the company has not officially confirmed the news, reports out of Silicon Valley suggest that tech giant Cisco Systems is preparing to shed 14,000 workers from its payroll. If true, it would... — read more
2021 Cisco "New Year" Predictions?
Congratulations, we survived 2020. What are your 2021 "New Year" Cisco Predictions? Wishing You Peace this New Years Eve. Be safe :)
Always be prepared
Companies are in business to make money, not to provide jobs. The sooner you realize that companies will let you go at any time, no reason legally required since it is an “at will” employment relationship, the better off you will be. Always be... — read more
Why I Left A Company I Loved
A few weeks ago I left Cisco to join a FAANG company. I wish the decision to leave Cisco would have been harder; I truly liked being an employee of Cisco. There are many things to love about Cisco. The culture of caring was top notch. I felt the... — read more
$1.4 billion 2016 IoT Aquisition Update: WSJ
https://www.wsj.com/amp/articles/cisco-turns-off-lights-on-smart-city-push-11609178895 "Cisco Systems Inc. is pulling the plug on a flagship effort to help digitize the modern city, the latest example of a big tech company struggling to enter a... — read more
Missing strong leadership in Enterprise product mgmt
After the exodus of strong leaders in the summer the enterprise product mgmt team is now being run by amateurs who have absolutely no idea on what it takes to run multi-billion dollar businesses. Some even got promoted to senior leadership positions... — read more
CEO Comoensation
As we touched on above, Cisco Systems, Inc. is currently paying its CEO higher than the median pay for CEOs of companies belonging to the same industry and with similar market capitalizations. But the company lacks EPS growth, and returns to... — read more
Cisco, Oracle, IBM Workers ‘Anxious’ About Job Cuts
https://www.sdxcentral.com/articles/news/cisco-oracle-ibm-workers-anxious-about-job-cuts/2020/12/
I thought I was safe
I was such an id–t. I thought as long as I went above and beyond the company would see what a valuable asset I can be - then I was hit in the last round of layoffs. No one is safe here. I’ve seen people with more years of experience than I laid off... — read more
Cisco’s SVP of Security Jumps Ship for Google Anthos
https://www.sdxcentral.com/articles/news/ciscos-svp-of-security-jumps-ship-for-google-anthos/2020/12/
No Long Work Weeks at Cisco
Why do people keep complaining about working long work weeks at Cisco? Working 50-60 hour weeks is nothing. Bill Gates would put in 90 hour weeks when starting Microsoft. Elon Musk claims to put in 120 hour weeks between his companies. Those are a... — read more
Everyone will eventually be LRed
If you are LRed take it in stride. It just means: You will no longer have to worry over stress and anxiety inducing quarterly and annual CSCO LR's You will no longer have to worry about mgrs who are never held accountable You no longer... — read more
NOW WHAT HAPPENS?-2020 Annual Stockholder Meeting-CEO Charles Robbins received the most NEGATIVE votes of any Cisco director
Documented on Page 79 of Proxy Statement on Cisco Investor Page along with audio replay
What's that saying about a sinking ship?
Cisco Systems Inc.’s (NASDAQ: CSCO) operations chief has left his position, the San Jose networking giant disclosed to the U.S. Securities and Exchange Commission on Thursday... — read more
3500 gone, 4500 to follow
5k are already LR/ER'd. According to Washington Post, that is part of 8000 contingent to be let go. https://www.bizjournals.com/sanjose/news/2020/12/16/cisco-has-cut-3-500-jobs-since-covid-19-hit.html
Mandatory vaccination?
I keep seeing multiple news organizations mentioning that employers can in fact require their employees to receive the Rona vaccine. I have seen a post previously mention that it is already being considered by Cisco HR. Cisco is a very progressive... — read more
Is Sales next?
Sales quotas have been lowered for some groups due to COVID, but is this a sign of what’s to come for the Sales org? News of layoffs in this org have been suspiciously quiet compared to the technical side, while other similar companies are letting go... — read more
Cisco Layoffs: 101 California Employees Cut
"Cisco Systems this week revealed it is letting go 101 employees from its San Jose, Calif., headquarters following months of speculation that more job cuts were coming as part of its restructuring effort... — read more
layoff(spouses are working for competitor and on the phone/WebEx in the same COVID-safe WFH-room)
First of all, I saw another article about more layoffs at Cisco and eventually found my way to this website. Second, (after bumping into a former colleague at a grocery store in Sunnyvale), I also learned of an interesting scenario. And so, I will... — read more
Wormable zero-click vulnerability in cisco jabber
No doubt the designers/testers who would have caught this bug were LR'd. https://arstechnica.com/information-technology/2020/12/wormable-zero-click-vulnerability-in-cisco-jabber-gets-patched-a-second-time/
Grade 11 package range in Germany
Any insights on the package range for Grade 11 in Germany? And what other benefits are on top?
Has anyone consulted an employment attorney?
Has anyone consulted an employment attorney (after the fact) and if so, who and what was the outcome? Will the verbage of the separation agreement automatically indicate that nothing can be done? The bottom line is this. It seems as those being... — read more
Zoom attack...
Cisco Makes Two Big Acquisitions to Take on Zoom The company will become part of WebEx to further Cisco's contact center-as-a-service (CCaaS) platform. The company will use the platform's... — read more
Slido
Make a word from these letters... https://techcrunch.com/2020/12/07/cisco-acquires-slido-to-improve-qa-polls-and-engagement-in-webex-videoconferencing/