He was looking a bit rough on the call today.
CX Teams for Enterprise & Service Provider Delivery - Impacted big
Customer interaction Roles are reduced as delivery needs are hugely lowered with automated processes. Put details as you hear cuts, sometimes the whole teams. Many leadership roles are eliminated. There is absolutely no reasons to have multiple... — read more
What is happening to Outshift?
I have an offer which I have not yet accepted. Please if anyone has insights into what is happening there it would be helpful
Networking BU?
When are the layoffs in networking BU?
US Commercial Sales Restructuring
US Commercial Sales will face a restructuring in 2H. Operations and Regions will be consolidated. When the number one region in FY24 is Golf Select, it is a sad representation of the business. Golf Select looks to be a SMB region that has... — read more
CX is TOAST if you are in these roles...
My manager told me today that CX CSE teams are going away and also some of the SPMs. No wonder CSEs are not allowed to attend GSX boondoggle. I guess I am going to be packing next month since they do not want me facing customers. What are you... — read more
Pizza Party
Heard on the beat there’s a pizza party?
Significant Industry Downturn on Horizon
Not just tech will be impacted. financials have similar structural issues that will lead to substantial layoffs starting this fall. it’s going to be bad.
What's the severance for years of service? Cisco and Splunk?
I'm reading for Splunk it's 6 months: 2 months to find a job and 4 months severance with RSUs covered until.. November? But I'm also interested in additional severance based on service to the company. 1 year = 1 week extra or two weeks extra? I've... — read more
When TAC is hit, you know it's bad
Most TAC feel that they're safe from layoffs because they're relatively untouched. Cisco relies on TAC contracts for a big piece of revenue. If they're hitting TAC this time around, then I think that's a sign of big issues. The writing is on the... — read more
How many LR done so far, how many left for this week, why to September 15?
What is the thinking behind and keeping suspense for that long. In Last February LR, everyone was notified before the weekend after the earnings. Informed and done! Only prolonging pain and uncertainty with LR extension unless there are reasons we... — read more
Is Thimaya in leadership team ?
Never hear that guy speak on the Beat
Are we going to get a link to the recording of this pathetic show we witnessed today ?
I never cared before but this one was one of a kind and there were some nice comments in the comments section Was this shared in the past ?
Many livelihoods will be destroyed
And Cisco will not be more efficient, growing, competitive, and overall better company for it. Layoffs will result in short-lived growth in valuation, upper mgmt will su-k the money out of it, and after it’s over everything will be business as usual... — read more
RSU Vesting - accelerated?
Till when will get the accelerated RSU vesting if that's an option even?
Who decides if I get laid off?? ELT says “it’s your manager not us!”
What BS. As a direct manager we get told nominate this many people in this country or at this grade or just a by the way Bob is being let go now go get training to tell him in a way which means he can’t sue us.
The Real Reason Cisco Is Offering Unlimited PTO
Unlimited PTO boils down to financial accounting driven by the fact that Cisco eliminates accrued paid time off, the costs of which are a liability within Cisco’s financial accounting. The result of doing away with that liability? It instantly makes... — read more
What’s the severance?
Is it 2 months as if working and then 4 months after?
Meraki news
Any news on Meraki
Thoughts on new employees under 1 year?
Any more or less at risk?
LR expected in Feb 2025
Healthy companies increase profits by growing. Sick companies increase profits by “restructuring”. 10k+ lives impacted in 2024 - What's the expected number in 2025?
They managed to distract us by PTO
Amazing how we all are talking about PTOs rather than the impact of layoffs. ELT has managed to distract us all
Liz - We're going to let go off some of our teams
Whoa! Direct axing off teams ! She was smiling and giggling while saying it
RIP AppD, Collab & Wireless
They invited a bunch of us into a big 15 minute meeting right after the check-in call. Very impersonal. Anyone know the size of impact? I asked around and it's hard to see which groups had the meeting. I'm in sales.
Negotiating Package
Has anyone had success negotiating a severance package with Cisco, for example, getting them to accelerate all your RSUs or more severance. I know some Splunkers affected and wondering if they should try.
Any Canada whackage ?
Post it here, you Crazy Canucks !
"unlimited"-PTO shills (AI finally at work?)
Sorry, I'm a conspiracy realist, exactly same posting but different threads, sorry I didn't catch this earlier: @ziq+1u5rRs1u @zvx+1u5OoCIW "Most of the industry has already moved this direction. Is it a boon to the books? Sure. Is it a boon to... — read more
Do you still get the package if you find work after getting the notice but before the end of the 60days ?
I think you do but I am just asking
Beat guy
Can we get a summary like last beat? At least we all could use a laugh
Splunk Sales, Finance, HR, Legal and CX Engg got notified today morning.
Knew some ppl in couple areas.
Summary from Cisco Beats this AM - unlimited PTO, LR numbers, Fran's Paris visit etc
LRs have started, when do they complete?
Accountability
Dear Chuck & ELT team, Let me get this straight. ELT announced 7% LR, Why ? Cisco had a great last quarter but bad year. ELT gives guidance at start of year on "earning projection" Who Hires ELT ? their reporting manager, (Board in Chuck's case) not... — read more
Too many naive people work at Cisco
The leadership was hired to cut costs, and are very skilled at that. If your job is to eliminate 15,000 jobs... you don't say your role is eliminating jobs. You market yourself as a CX, IT, Services or Operations expert. Use high-level buzzwords to... — read more
90% AppD just informed of LR
Anyone to double confirm. Blessings to that team. Was right after the check in.