Hello -
I worked for Cisco for 11 great years and was recently LR'd this past February. A ex-colleague of mine told me about this site and asked if I could come share a little 'insider' information about how Cisco operates. I was hesitant at first but as I no longer work for the company I decided to stop by once. So here I am taking a break from job hunting to share a little information. This will be the only time I visit this site and definitely my only post so hopefully what I share will enlighten a few folks here.
My experience is based on 11 wonderful years at Cisco. I worked 7 years in HR and then the past 4 years in Biz Operations.
- Cisco doesn't lay off females. False. They get let go all the time. I myself am a female. It may seem like females aren't let go simply because there are fewer of them at the company. What really happens is when a female is going to be dismissed there are a few additional safe guards in place that legal reviews to make sure there's no chance of a lawsuit, but otherwise they are treated just like their male counterparts.
- Cisco doesn't pay as much as other companies. True. And, the Compensation Team knows this. Guess what? They honestly don't care at all. There are two main reasons for this: 1) The Compensation Team knows that not everyone can get a job at the higher paying companies, and 2) The Compensation Team knows there are people at Cisco who are disgruntled about pay but also will never leave. Working in Biz Ops I saw this first hand. If employee compensation was truly hurting a company they would fix it. It's that simple. Seeing how Cisco is content with their pay scale this is not hurting their bottom line.
- The people who claim to be high performers and get upset when they are LR'd saying "the company can't get by without me". Wrong! Simple truth is the company doesn't need you. If you're a high performer and you get let go sure your manager may be upset and it may impact your direct team not having you there, but your no longer with the company isn't going to impact Cisco as a whole at all. I saw this a lot in my time at Cisco. In reality, Cisco doesn't need 10/10 all stars in every role. The company can survive just fine on employees who are 5/10 or 6/10. It's the way it is. Think of it this way - is every hair dresser a 10/10? Every dentist a 10/10? Every doctor a 10/10? Absolutely not and they get by just fine. Cisco is the same way.
- Anyone who claims to know about upcoming LR's. Unless info was leaked they are bluffing. This info is heavy guarded at the Sr. Leadership level. If someone says their manager told them or director told them. Nope. Most of the time they don't know until last minute. What is the best source of true knowledge for a LR? Make friends with your BU's Business Operations team. They are easily in the first group of people to know. My last couple of years in Business Operations we would process the previous Quarters numbers in addition to working on the current Quarters numbers. We had calls with Finance to review. Of course, we knew if a LR was going to happen or had a very good idea if one was going to take place. We just don't know who is going to be asked to leave. I worked in Business Operations and I knew there was going to be a LR in February, but I didn't know I was being impacted until I got a sync with my manager.
Back to job hunting now.