Next big layoff scheduled for 2/2/21, Groundhog Day. I find that humorous, albeit sad.
One thing about Cisco is they are predictable. Annual Layoffs.
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Proof? It's either a rumor or its not. We'll know soon enough. The company-wide LR was driven by Chuck. We've been a long time since we've seen a "re-think IT" layoff. Jacqui has been talking org changes for months. That might all be up in the air now, but we're probably past due.
What are the proofs ?
IT will be seeing big cuts in February, most impacts will be seen in IT
Layoffs seem to be a quarterly thing now.
Whenever it is, it seems to be happening soon with reorg in IT.
Wouldn'r it be after earnings announcement on Feb 9?