Frugal never applied at cisco, we used to spend 2-5k night partying with customer , flying first class, staying in resorts, car upgrades, used amex points to buy wife a set of luggage and other nice gifts. Ever been to Sales event in Vegas or off sites , we used to have them in Canada just to holiday on cisco dime, 2k bottles of wine at best steak houses, no one cared , not to mention the after hour clubs with VIP rooms. Think it still doesnt happen, not as much , but some still have the key (ELT).
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unable to keep up with the knowledge acquisition and work ethic of the younger engineers.
The newest generation of workers have zero loyalty to their employers. They take a job, learn a new skill while there and quit for a higher paying job after 2-3 years where they learn another new skill that gets them to the next better paying job in 2-3 years.
Then again, the way corporations are treating people now, they don't deserve any loyalty. I was LR'd, not because I didn't keep up with the knowledge acquisition, but because I was old and expensive due to my experience. Then when the team started falling behind on projects because my teammates had to do my work in addition to theirs because I wasn't redundant, Cisco brought in a contractor to do my job 9 months later. And a year after that s/he was converted to an employee at a grade lower than what I was. Too bad they left a year later for a better paying job as an employee somewhere else forcing my teammates who remained to have to pick up my work a second time because that younger engineer had no loyalty.
Hopefully a voice of mild sanity here - I am an (almost) 20 year Cisco veteran and was offered the ER package. I declined it for a few reasons, but the most important one is that i love my job and I truly respect the company I work for. I'm happy I'm at Cisco now and hope to be here another 5-7 years.
Never heard frugal for at least ten years.
So you’re saying Cisco is no longer a frugal company? Ha!
@1qvi+16QItc3K At the end of the day, I honor the corporate values that Cisco stands for - Frugality, Integrity, and Inclusion.
Can you tell me when the last time any of the ELT has mentioned the word "Frugality"? This is a carry over from Chambers, so the poster of the above comment has been drinking the kool aid for way too long.
Women and minorities have spent their whole lives dealing with this. Your turn.
I don’t know about minorities, but for women that’s Been proven to be complete rubbish. There are quite a few studies out there on this. To get around the hiring manager’s (patriarchal) biases, many organizations have instituted blind resumes. It turns out that when that happens, the proportion of women hired decreases.
The conclusion seems to be that those managers DO have bias, and it’s to disproportionately give women a chance.
Post from TheLayoff.com
He's just sad that he's about to experience discrimination for the first time in his life – too old to easily find a new job. Welcome to the world of having your application rejected based on something you can't control. Women and minorities have spent their whole lives dealing with this. Your turn.
Here are some simple truths, both for loyalists and haters. You can judge their accuracy by how much this post is downvoted.
Cisco is a moderately successful tech company, not much better and not much worse than most of the others. We benefit from a deep moat, a captive DOD customer, and an IBM-like sense that 'you can't get fired for buying Cisco'.
The Cisco layoff rate is similar to other tech companies in mid-2020 and comparable to layoffs in the 1980s tech downturn, and the 2001 tech crash.
Technical innovation is desperately needed, but innovators must fight through massive corporate inertia to make any progress. Cisco tries to addresses this with ongoing acquisitions, which are only partially successful.
Like most tech companies, Cisco tries to attract and hire the best domestic engineers, but there is just not enough to go around, and they cannot meet the salary offers of darlings like Alphabet. So they draw on immigrants, mostly from India, which is currently a wellspring of intelligent, educated, and driven talent. But they bring their own burden of caste and origin-community nepotism.
Many, if not most, of the posters here, are disgruntled older engineers who were (or are about to be) let go after accumulating substantial salaries, yet finding themselves unable to keep up with the knowledge acquisition and work ethic of the younger engineers.
At the end of the day, I honor the corporate values that Cisco stands for - Frugality, Integrity, and Inclusion. But like all public corporations, they are far from perfect, and there is a wide gap between the aspiration and the reality.
Not broken for me right now. I’m getting a year of salary as part of the ER to go away.
Now after Oct 2, the rest of you can decide for yourselves.
Cisco Systems was amazing, Cisco is Meh ....boomer.
Crickets.....
If there was truly an argument for why it is not broken, surely you could have provided it. Cisco being a great place to work is about the weakest argument one could make. It is laughable. Please try again.
Post from TheLayoff.com
Chuck and Fran are so desperate, they pay people to post on this site apparently:
No one is obliged to to convince you!! Cisco is great place to work,, Just leave it if you don't like it!
i think the saying nowadays is “change my mind”
No one is obliged to to convince you!! Cisco is great place to work,, Just leave it if you don't like it!