Thread regarding Cisco Systems Inc. layoffs

New layoffs?

The Pre-Notification of possible impact was Oct.7th. Or are people getting new notices after the Oct 7th date? Seems to imply that if one is not Pre-Notified then one is safe, or safe until after the Jan 4th layoffs have cleared.

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Post ID: @OP+17Exrv5Q

9 replies (most recent on top)

No, 83% of the people whose jobs are at risk had been notified. The rest are in countries where there are legal steps to take before they can tap somebody.

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Post ID: @2jxp+17Exrv5Q

83% of ALL employees were notified their jobs were at risk?! Is that really true, or did I misunderstand?

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Post ID: @2yci+17Exrv5Q
Does anyone know how many jobs were cut total?

No, very careful NOT to share that.

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Post ID: @1gdt+17Exrv5Q

It's a sad day when you get notification you are being transitioned, I got mine on October 7th. Does anyone know how many jobs were cut total?

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Post ID: @1tny+17Exrv5Q

I just don’t see how they can afford the 6 month package offered in the Oct round, going forward. Wondering if they’ll give reduced packages for teams that weren’t hit as hard last round (maybe less technical roles- sales, marketing, customer support etc), or something like that..

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Post ID: @1dyn+17Exrv5Q

Q1 2021 just ended. So expect some cuts once Q1 results are announced, especially if the "numbers" don't beat wall street expectations.

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Post ID: @1afv+17Exrv5Q

At the last Chuck-out, Fran (PBUH) said that 83% had been notified in 54 countries. Didn’t say if more than that could go. Didn’t say how many in total. Didn’t say if that was it. Didn’t say anything really except she congratulated the ELT for their transparency.

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Post ID: @1jbi+17Exrv5Q

I have heard from close circle VP level friends that a layoff is planned in first half of next yeat probably after March and it will be as big as current one. The packages will be far less also. If someone is smart they should get out right now and move on. I started interviewing not planning to wait till March

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Post ID: @1zur+17Exrv5Q

Dec 2 is the next one. More heads will be chopped. Chuck the chopper isn't done yet.

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Post ID: @1enp+17Exrv5Q

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