How many people do you know who are already planning to leave as soon as they can because they expect their workload to increase drastically following layoffs? I think this was part of the plan. Strategically get rid of a bunch of people through layoffs, then overload those who are left to force them out. Maybe I'm overthinking this, but we'll see soon if I'm right.
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I left earlier this year after many years at Cisco. The reality is Cisco leadership doesn’t care who leaves. Feel free to go, they’ll fill the positions with new grads or inexperienced lower paid people. My stress level went from not sleeping at night to zero work related stress and oh by the way I make more money. Cisco gave me a great start but there is life after Cisco. Win win.
in my area, mostly people from bay area were targeted and most of them are on H1B visas. there is a talk about creating backfill positions in different cheaper locations. so much for this is not a cost reduction talk from ELT
Didn’t some ask this just a few days ago, and many times before that? It’s like there is no such thing as the past or the Internet and therefore no way to learn from them.
Here’s to next week’s “are there going to be layoffs in 2023?” It’s not a spoiler if none of you can remember it: “yes.”
Attrition?
This is lay low of 2000 ( dot com bust) 2009 ( market collapse) 2023 recession ( tech bubble)
Ride it out
hope for a recovery in ‘25
Let’s be honest, what you see today had it’s early beginning in Q3, fiscal year ‘20. Ask me how I know…😉
Already started....Most people want to get through the holidays first, burn their PTO down and hope for a severance package on Jan 12th. if not then the ones let go earlier are luckier to get the package and grab a job while they still can....going to be allot of Sr. people flooding the market....
Already left.. coming here for tidbits and whines
For a company that constantly preaches social justice and compassion, they laid off former servicemen, Gulf War veterans. And kept foreign workers. So much hypocrisy on those company meetings. Beautiful scripted words often in full use.
hard to attrit when we are in a recession and every other tech company is doing layoffs
To what end though? Bankrupt the company?
This seems to have happening across multiple BUs and is not far fetched to think this was planned/expected.