Thread regarding Cisco Systems Inc. layoffs

Promotions and Raises in Fall 2020

There will be promotions this Fall, won't there?

If I recall correctly, this Fall's salary raises (merit and promotion based) will be replaced by RSUs. Let's see what we get.

God, how do I hate RSUs. I want salary raises as I get them instantly. If I'm really interested in stocks, I would buy them from other companies.

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Post ID: @OP+17mI4ANA

8 replies (most recent on top)

Careful what you ask for. I was a top performer and received regular raises for my excellent work. However, I was in a dept full of Sr Mgrs/Dirs, and Distinguished Engineers, so could never get a promotion. Those raises pushed my midpoint too high, and I got axed....even though I earned every penny.

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Post ID: @1qjp+17mI4ANA

If you hate RSU’s , I would be willing to take them off your hands.

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Post ID: @1jec+17mI4ANA

Sounds like some people don't understand the difference between Options and RSU's. RSU's are never under water unlike options... stop your whining. People are hurting. When I read this from someone who's still here I wonder why I didn't take the ER..

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Post ID: @1unl+17mI4ANA

Here is an idea for you, start a site called Raiseandpromotion.com. Post your whining there. Posters here are actually suffering.

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Post ID: @1zjr+17mI4ANA

60-80 hrs a week for 21 years, ya stupid prick! I earned every penny...s— it in the s— it wonderland!

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Post ID: @1epw+17mI4ANA

So, arsehole, you bailed and stopped contributing.
Oh, and you sit on your arse for 9 months paid to do nothing.
And you attack people like me who are actually getting the revenue that will allow Cisco to make enough profit to pay you to sit it out. And because we’ve not had a pay rise in 10 years WE are the bad guys?

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Post ID: @1rae+17mI4ANA

7000 people just got wiped and this doche is worried about his raise? Fcking tone deaf mo–n. Don't worry, I took the CEP, so there will be plenty of RSUs that I left for you.

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Post ID: @afl+17mI4ANA

Promotions are in May now I thought and they were skipped this year. Yup, $40K in RSUs down the drain it's looking.

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Post ID: @cvg+17mI4ANA

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