I have seen in these posts that there is some expectation of another round of layoffs in August which may approach 10% of the workforce. My management team has been pretty transparent about upcoming layoffs in the past and they have given no signals that such a cull is coming. Is there any substantiated evidence that another round is impending, or is that more of a rumor/guess kind of thing?
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Fresh from today!
The next wave will include additional areas of the SPPA - IVP, Cloud Services, SKY, Security engineering.
In IL it will take place after USA and after September Holidays.
More fake news from sad disgruntled employees.
Look, the truth of it is that the 14,000 number that was leaked to the press last year was accurate. In the face of the press reporting, the ELT blinked and watered it down. So far we've got rid of 6500. By my calculation we'll see another 7500 go this summer.
beware the ides of august
Yes, FY18, August, another 5%.
No LRs till 2018. I can confirm this, I work in HR. Enjoy the rest of 2017.
https://www.tropo.com/2017/06/changes-tropo-developer-program/
Changes to the Tropo Developer Program
Posted on June 19, 2017 by Team Tropo
Two years ago, Cisco acquired Tropo with two primary goals. First, to build out a set of world-class developer tools. Second, to create a vibrant developer community focused on innovative collaboration solutions.
The Tropo team has succeeded on many fronts and we are proud of our accomplishments, including:
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Cisco Spark for Developers, which delivers APIs, SDKs, and widgets for the Cisco Spark portfolio
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Cisco Spark Depot, a marketplace where developers showcase bots and integrations that enhance the Cisco Spark experience
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Cisco Spark Ambassadors and other programs to engage our powerful developer community
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The $150M Cisco Spark Innovation Fund to foster exciting new projects
In addition, we’ve expanded use of the Tropo platform within multiple Cisco products as well as a growing community of Cisco partners and ISVs. Integrations and bots that use Tropo voice and SMS capabilities to augment Cisco Spark’s core meeting and messaging capabilities have resonated extremely well with customers.
We are changing how we sell Tropo so we can better focus on innovation around Cisco Spark. Tropo will now focus on our ISV partners, particularly those that use Tropo to enhance their Cisco Spark-enabled solutions.
These changes affect Tropo accounts in the following ways:
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Accounts with applications that run only in the free environment: Given the new focus on Cisco Spark ISV Solutions, only those applications being developed as part of the Cisco Spark ISV Program will be eligible to move into production. All other applications running in the free environment will be disabled.
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Accounts without applications: We will close these accounts.
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New accounts: We will limit new accounts to developers creating Cisco Spark ISV solutions. Applicants will need to apply and provide their use case.
Over the next few weeks we will contact developers with the details on the status of their accounts and, if applicable, the timeframe for account closure or application shutdown. In general, you should plan to migrate any non-production applications off of Tropo within 60 days.
What will not change:
We will honor all contractual obligations and our existing terms of service. You can continue to rely on our excellent support, operations, and engineering teams to keep your Tropo applications running in agreement with all applicable SLA terms.
If you qualify as an ISV, we will continue to provide free 24/7/365 support, integration assistance, and collect all ISV-driven product feature requests.
Over the next few weeks, Tropo developers can expect to receive personalized email messages based on their current account status. If you have questions in the interim, please contact support@tropo.com. For questions relating to existing contracts, our team will assist in engaging with the appropriate sales resource.
Not hearing a %, but hearing global LR in September.
Well, David G has pushed an "Ask Me Anything" into all of engineerings' calendar for the morning after the FY announcements call. What do you think?
Yes it's just a rumour. I heard chuckee cheese is tired of layoffs.
@NNycLOf-1elm --- Seems to be From HR ? .. rumors are coming as true all the time, i guess you need to wake up or atleast give respect or keep mum to people's genuine concerns.
My word... You are such a putz. Low paid Church Mouse who reads the lay-off rumors at work. By now I can actually identify your "woe is me" attitude among these postings. Do Cisco a favor and just leave.
$180-190K?!? Holy moly, I have never dreamed of earning that much. My guess is that if you are in that range, you are at risk. I agree with the CR theory and if true, I'm as safe as a church mouse based on my salary. I'm not complaining as I feel that I am fairly compensated.
Smell the coffee folks. If your CR (Compensation Ratio) is anywhere over 1.0 you are in the crosshairs. Higher than 1.2 you are almost certainly going. Cisco target is to have CR around 0.80 for all employees.... if you do not know your CR then ask your boss. They have to tell you. If they won't then go to HR and open a case.
So can someone define what's the higher paid range?? $180k...$190k??
Does anyone know someone who was identified as bottom 5% and then laid off? I always heard about the bottom 5% theory when I worked at Cisco but never saw it actually happen. Most everyone I know that got laid off was cut in one of the semi regular mass firings.
I do. I worked with two guys who, under one manager were great performers. Then, when the manager quit and a new one was brought in, these two workers suddenly went from top performers to bottom 5%. Next year, they were laid off in the cull of '11.
Before then, a large number of my co-workers in SJC got cut and then a few months later, we suddenly hired an equal number of employees in RTP. As you can guess, workers in RTP are cheaper than workers in SJC for the same pay grade. Now, Cisco is no longer targeting just the SJC workers who are expensive and have, as someone said, "[it's] 10% of the highest salary earners that can be identified without an overt reference to age discrimination."
Looks like our group in SP will be among 10% in August .. countdown begins.. preparing resume for next venture..
Let me comment on this as I made a post about an upcoming 10% layoff that was then copied and made a separate thread. While there is very likely some type of layoff coming in sales for those who have not performed,( of which I have no knowledge), I was specifically referencing my group of 500 or so, that I believe will face another reduction in a year's time, probably 10%.
That's a super weak way to think dude. Your high performance friends will more than likely find great jobs while you "survive" in that place
Since they dropped the performance reviews and supposedly aren't doing stacked rankings anymore, that is precisely what I seem to have observed.... that they are letting go the higher paid and longer tenured employees. If you're Grade 11 or higher or have 10 or more years with the company, you're probably at higher risk. During this last wave, I lost several dear friends who were very high performers, but they had also been with the company for a while. Again, that's why I'm sort of glad that I've not had a raise or promotion in over 5 years with the company. Hopefully, I'm not expensive enough to show up as a red line on a financial report.
Sadly not bottom 10% performers anymore. It's too 10% salary earners over the age of 40 typically
Does anyone know someone who was identified as bottom 5% and then laid off? I always heard about the bottom 5% theory when I worked at Cisco but never saw it actually happen. Most everyone I know that got laid off was cut in one of the semi regular mass firings.
The "Bottom 10%" criteria went away a long time ago. It's 10% of the highest salary earners that can be identified without an overt reference to age discrimination.
It's no longer the "bottom" 10%. It's just 10% of folks that are in the wrong place at the wrong time.
Every August, November, February, and May.
How long have you been employed at Cisco ?
This is an annual clearing out of the "bottom 10%" .
Every August ,,