Thread regarding Cisco Systems Inc. layoffs

How many people impacted today?

Anyone know the number?
How about percentages? I heard is over 5%

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Post ID: @OP+13I2ZJ99

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The revenues for core routing and switching have been down for a few years, I am not surprised if they will offload these in the next 3 years.

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Post ID: @huf+13I2ZJ99

Yes, I agree. Also, there seems to be some shifts going on. At least one BU is aggressively hiring PM’s and TME’s in India, when their business is basically flat or slightly negative. It’s very clear what is going to happen to the non-India based PM’s and TME’s.

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Post ID: @gee+13I2ZJ99

8% would be about 6,000. Seems a little high for $150m this quarter. It’s obviously only just the first step. They are starting to ask some questions about the future of some BU’s or at least segments of it. I can see Cisco exiting some markets for FY21.

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Post ID: @gqe+13I2ZJ99

Around 8%

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Post ID: @drk+13I2ZJ99

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