Thread regarding Cisco Systems Inc. layoffs

Longtime Execs Accept Early Retirement Offers...

(link below) Cisco Layoff Talk Builds As Longtime Execs Accept Early Retirement Offers

Executives who took the early retirement offer include:

  • Rachanee Sporl, partner operations manager for the last 22 years,
  • Jim Parker, a Cisco employee for 23 years and distribution manager for 13 years,
  • Matt Smorto, senior director of systems engineering, worldwide data center, cloud, and IoT after 28 years,
  • Paul Teel, senior business development manager for more than 16 years,
  • Matt Gansemer, regional sales director supporting Cisco‘s partner community, employed at the company for 16 years, and
  • Tom Flaherty, who worked at Cisco for a collective 20 years, most recently as partner operations manager, Service Provider Technology Partners.

Longtime Cisco channel leader Steve Benvenuto, a 21-year Cisco vet who most recently served as senior director, global security, Partner Sales Organization for Cisco, also announced he had accepted an early retirement package from the tech giant, but would be looking for his next adventure after taking some time off.

The company also made a surprise revelation that Kelly Kramer, Cisco‘s CFO since 2015, would be leaving the company once her successor is named.

https://www.crn.com/news/networking/cisco-layoff-talk-builds-as-longtime-execs-accept-early-retirement-offers

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Post ID: @OP+17lcsmAc

4 replies (most recent on top)

They are all retiring with millions saved

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Post ID: @2vsa+17lcsmAc

Some dead wood in that group.

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Post ID: @1utz+17lcsmAc

Very good, except it’s no surprise about KK. They said that back when they announced she was retiring.

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Post ID: @bhg+17lcsmAc

These guys probably went home with 100k's in severance where as regular Joe got 6 months. So I really don't give r@t @ss.

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Post ID: @dkw+17lcsmAc

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