Any info on that? I know FY20 IPF is finalized, just not sure IPF of which year will be used.....
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Challenging economic environment
Limited restructuring
seamless transition
Cisco Family
I'm excited
Great results from the teams
Market share
never been better positioned
"the leadership team and I "
Difficult decisions to be made
in the companies best interest
the cloud
sacrifices
I'm REALLY excited
a clear vision for the future
How do they decide LR? Are managers involved in decision making or HR has a secret sauce?
Any idea how many LR this time around? Is it 20% cisco wide?
Lawyers train HR and managers on how to word everything during LR (lay-off). They also go through the list and make sure they are protected by lawsuits.
Humans always make mistake.
There are a number of law suits in Silicon Valley where laid off employees were targeted based on age and resident status. It is not easy to just replace an experienced employee with someone one cheaper. Penny wise pound foolish.
Some of the Top talent have left without even training anyone.
Keep all the documents ready to prove that you were better than the ones who did not get LRed.
Limited Restructuring is based on reducing budgets, not on performance. While teams can, and will, cut under performing resources they are just as likely to cut the top performers because they are the most expensive and get the biggest reduction in budget for the least number of cuts. Usually the top person with the most team knowledge gets kept, while the others get cut and the top guy has to train all the young, cheaper replacements. The replacements are usually contractors and they cull out the ones that don't pick it up quickly and replace them with different contractors until they get a working team again and then convert them to employees at a lower grade than the people who were LR'd.
LOL ! Manager will not lay-off top employee when a subset, say 2 out of 7, of employees are being laid off in a group.
In this situation, IPF will be factored in for LR. Question your manager on the rating given on the hidden spreadsheet within the BU.
Keep all the documents ready to prove that you were better than the ones who did not get LRed.
Groupism and bias is everywhere.
Hope the ratings are fair.
Individual performance is not and official factor
You get LR based on bu budget reductions
LRs are based on business impact not performance
I also thought the IPFs were sealed, but wasn't sure.
At what date were the IPF finalized?
IPF was a factor for ER, dude - not for LR