Less than a week after LR, Cisco announces proudly they are #1 on the Worlds Best Workplaces List. Who voted??
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Was made redundant 2 years ago, but it's not called that. Shower of sh– managers who cared more about nights out and expensive hotel team building events to fuel egos. To be frank if your not in sales prep your cv. #number 1 employer is dribble. Vr every year but never hits the press.
Cisco need not disclose these because they are treated as voluntary. so they don't even inform employment agency and this does not get counted in Unemployment numbers. Hence press does not know, no official number need to be disclosed.
This is ethically illegal. If some one has contact in Trump admin, should inform.
Wonder how many took LR, vs leave, vs Early exit or Nov 23? We never get the real numbers in these LR's, it's all smoke and mirrors.
I think they did the Early Retirement for 2 reason: Get the volunteers to go and cut the total HC reductions, but also important, get the older then 50 crowd (protected) people out so they can go after the over 50 crowd.
IE: There a legal limits in LR to protected employees so they have to stop at a limit on that category. This just made it easier to target them.
I started with Cisco out of college and left after 8 years. I was constantly told how great of a job I was doing and all I’d get as a grade 8 (new hires were probably making more than many of us at that point) was a 3% raise. Meanwhile you can’t get promoted either because the focal cycles for ICs were less common than a lunar eclipse. All the while the company was doing the best it had in ages, stock price included, and we had just repatriated all of those dollars.
The only people Fran and the ELT care about are the exec ranks. Anyone who thinks Cisco cares about them is being taken for a ride.
My advice is to drive down the road, get a 40%+ raise, and be able to make some money so that you can retire early and invest.
Just saw following post from Cisco employee on linkedin "Oops, we did it again. 2nd time in a row Cisco has been selected as number 1 workplace. So proud to be part of this amazing team of talented people." Funniest thing is I will bet a dime to a dozen that he/she will be included in next round of LRs. Lets see what he/she posts then
@1xnc remember - many folks gladly buy this GPTW story. it resonates.
In Hebrew - it's called chutzpah. I couldn't think of any other word when I saw this. You reallly do have to have bahls the size of coconuts to even have the audacity to do what ELT did during this check in. And that GPTW guy - gheez, so "used car". Fail.
The term LR had officially been rebranded:
Apocaly-PTO
In Hebrew - it's called chutzpah. I couldn't think of any other word when I saw this. You reallly do have to have bahls the size of coconuts to even have the audacity to do what ELT did during this check in. And that GPTW guy - gheez, so "used car". Fail.
Today’s checkin was odd. They’re not entirely blind, and understand that moral took a hit after the recent cuts. So why with the exuberance, the balloons, banners? Appears like a “party” that none of us were invited to. Why try so hard to display & reinforce this status award to THIS audience?
Can’t make whether it’s just a clown car full of tone deaf, or a means of sowing further discontent and cheaper headcount reductions (resignations).
I’ve been here for nearly 10yrs, and >30k have been LR’d. Gets to be expensive after a while, and not enough cake for everyone, Milton.
Cisco has a major lsyoff every single year.
Chuck and Fran Bio
Narcissistic personality disorder — one of several types of personality disorders — is a mental condition in which people have an inflated sense of their own importance, a deep need for excessive attention and admiration, troubled relationships, and a lack of empathy for others
Lmao please tell me there's a clip of that analyst calling cisco dead money.
Even the talking heads on CNBC TV rolled their eyes today when someone mentioned Cisco
One analyst said Cisco Stock is DEAD MONEY and questioned whether they will even be in business 5 years from now
Nothing like being in the middle of the early retirement stuff mid-September, anxiously awaiting the upcoming RIFs, and seeing an email coming about about welcoming the new hires... Talk about tone deaf...
Glad I missed it.
I cannot watch the comments without feeling very, very unwell.
These is just cultish mass delusion going on.
I know I got the best, #1, ER package I ever accepted..........
You do realize those are paid placements, right
well, after reading all these comments, I decided to watch the check in for myself. I got about 3 minutes in, almost puked so I stopped watching.
Welcome to the Cult. Here's your Kool-Aid. Please move briskly to the back of the room.
oh yea and Chuck "teasing" some great innovations that will be announced early next year made me laugh. guaranteed to do nothing for the company's bottom line
id love to have a company wide meeting where people on this forum just rip apart all the a– kissers that s— up to ELT in these meetings. They act like ELT are their favorite celebrity or that anyone outside of tech gives a rat's a– about some career nerd at cisco.
No idea on how Cisco can be #1 place to work with all of the things that the ELT does. They did not even acknowledge the LRs in 2 internal meetings. Just laughing it all off. Then pawns are the one's who have to deal with the mismanagement at the top. The BOD needs to seriously question the ability of the current ELT.
Such a joke of a check-in. I'm always curious who the k*ss aes are who always post such positive messages blowing smoke up the ELT's a. The chat has such a bad stench
Interesting timing because this time last year when there was an LR, Cisco announced it was the #1 Workplace in the world shortly after. Back in the day employees were regularly surveyed about working at Cisco, but haven't seen those surveys recently so I do question where this #1 vote came from.
It’s a joke surely.
What are you dudes complaining about? Cisco is indeed the #1 best employer in the world. I love Cisco. Go Go Cisco!!
Gotta admit it takes some really big B*!!S to flaunt this paid-for award in the wake of the layoffs...and don't be mistaken, ALL of them were layoffs. You can try to hide it under the guise of early retirement all you want, but it's all part of the same hypocrisy. Have spoken to many friends who remained loyal only to get the axe this time around. #1 PLACE TO WORK...REALLY?! SMFH
"Isn't all this $hitshow actually playing into millennials' and younger folks mentality and they really like it ?"
What a ridiculous statement. Millennials are in their thirties with houses, families, and are trying to build careers. What's next, a participation trophy comment? You clearly fail to understand why employees are jaded and feel little towards "team spirit" or loyalty. As the yearly layoffs show, there is no such thing and those loyal, veteran employees are among the first to go every time. There is no incentive to invest in a company that routinely decides employees are worth less than the board's stamp of approval.
People who haven't worked here before see all the shiny PR and look to Cisco for growth and stability. Nobody is celebrating the loss of mentors and collective decades of institutional knowledge. There are no cheers when thousands of people are cut every year. If they managed to avoid the LR (or avoid getting outright cut in the case of red badges), they're waiting to see if they're next on the chopping block come January and every quarter after.
To top it all off, while we watch coworkers being carted away and see the executioner getting ready for end of Q2, the ELT puts on a song and dance to tell us how wonderful it is to be here. How we've developed a culture of inspiration and caring by sticking to our principals as a company. How employees are the unbreakable spirit of Cisco. Right.
@ski+17pwYXqv agreed completely. Fran has major nancy pelosi vibes lately. Limousine liberals for sure
Isn't all this $hitshow actually playing into millennials' and younger folks mentality and they really like it ? From what I could see they mostly have zero empathy, are totally self-obsessed, tend to think that someone owns them a recognition, promotion and raises and if they don't get it after a few months of work then they will rebel like h3ll ? Plus they seem to mostly lack any team spirit, it's all "me, me , me !". I think they are having fun now seeing many senior, knowledgeable employees getting the boot and they might be taking these idi0tic jokes, fun and games at the Chuck-ins as a wink to them from ELT "hey guys see how we get rid of these old farts and you know you will be taking their places" ? Change my mind it's not the case !
At least this is a public layoff. Imagine getting hit by one of the quarterly stealth layoffs, and reading about how Cisco is the #1 place to work. That might cause a stroke.
What a slap in the face for those affected by the LAYOFF. Also, TN is a nimrod tool at best and MM is the most overpaid exec in tech.
Reminder that ER was a LAYOFF.....Cisco lawyers tried to avoid age discrimination lawsuits which will not work this time based on recent court wins favoring the employee
Pay to play just like wanna-be Chuck pays celebs to join meetings and play golf with him
This is the most disgusting display I have seen in a while. That the ELT would think paying for a fake award claiming they are the #1 place to work after laying off thousands and expecting "the unwashed masses" would be okay with it is beyond arrogant. The only thing missing is Fran Poppins cheerfuly saying "Let them eat cake". Just sick.
What a garbage call. been here for 10+ years and can't believe this is what it has come down to.
It's a Public Relations deal, pay for it and you'll get it!!! If the employees inside the company don't agree NOT sure who will give a sh*t.
that best place to work guy was clearly reading a script cisco provided for him
People who did not vote for Cisco to be a great place to work have been LRed.