Thread regarding Cisco Systems Inc. layoffs

What's the targeted number?

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Post ID: @OP+17jNJ2HD

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The announced funding set aside for this reduction was $900M and the CFO then said 80% of that ($720M) would be spend on Opex. Using a somewhat typical high tech industry average number of $130K for each person cut, it comes to approximately 5,538 people being let go.

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Post ID: @fmw+17jNJ2HD

Some back of the napkin numbers I saw accounting for ER and WWR were 6-8k.

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Post ID: @gwp+17jNJ2HD

I saw that it was $1B in salary in an article

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Post ID: @vnn+17jNJ2HD

Do we know yet?

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Post ID: @eyr+17jNJ2HD

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