Anyone else know of someone who was recently offered a package?
19 replies (most recent on top)
The Cisco Cafeteria is now closed in San Jose, CA
We lost a few members in Austin this week.
Here in Bangalore we are hiring at an alarming rate.
Years ago, Cisco actually had real leaders in the company. They had a strategy aligned to customer needs and an execution plan to drive business growth. They built strong teams and grew their people ensuring there were viable careers here.
The cash coming into the company is now almost completely de-coupled from the actions of the current people in management positions. Those managers are now just playing a role to collect a paycheck. They have no interest or incentive to care about the people in their organization because they don't actually impact the business. Employees are now just a piece of machinery.
@3zzu Bitter Boomer
And then there's the rush to backfill headcount so you don't lose budget
It's sad that that is true. It was budget cuts that caused you to have to get rid of staff, but then you need bodies to get the work done, so you hire younger people and/or contractors at a lower cost than the original person let go.
The bean counters only care that the back fill is a "cheaper" asset. And sometimes, it ends up being a contractor who costs more than the original employee did, because the vendor is paying them the same amount Cisco paid the original employee, but then has to make a profit, so they charge Cisco even more than the original employee cost, but somehow it's OK because it's a different bucket of money.
The worst thing about it is the amount of corporate knowledge that walks out the door. Things like automation cause stuff to just happen. But when you let the guy go who setup that automation, everyone forgets that it's there. With all the changes between the tools we use to create documentation, information gets lost in the migrations between the various wiki tools and then suddenly the automation breaks only to find out that the server it was running on was refreshed several years after the automation was put in place and the person who set it up is long gone, and no one remembered that it was there and the documentation wasn't migrated and/or can't be found, so no one knows how the automation worked or what it did and how to fix it or recreate it. The number of man hours lost trying to troubleshoot why some tool just stopped working, then to find the documentation, etc. to recover is huge. I've seen it multiple times across multiple teams.
But, hey, the bean counters saved money in the short term by getting rid of an expensive person who knew how things worked and hired two junior people who can only follow the documentation that may or may not exist currently.
Hey i heard they got new manager roles opened up! the engg's are scrambling to show off their ppt skills to the new mngrs
Employees are now seen as disposable assets.
The internet has made jobs portable from not only from city to city or state to state but country to country so there are positive financial benefits to employers to shift them from country A to country B.
As long as the destination country uses English as first language and business can be conducted via email or chat, the customer is never the wiser. This will only get worse as translation software becomes much more intelligent. This will drive companies to chase the lowest wage country that can meet their needs.
And then there's the rush to backfill headcount so you don't lose budget
Regarding
"Homeless American Engineers now living in an RV off of 101."
Yes. I live in a van. Down by the river.
Companies with revenue growth are quietly laying off employees and replacing them with "temp" workers. Look at Google, Facebook, and Microsoft...
Why pay employee health insurance and retirement benefits in 2020?
There's nothing illegal with quarterly stealth layoffs. Maintains a positive corporate brand image while cutting costs during a "managed decline"
I think you just summarized Cisco's quarterly model. Although officially I cannot prove this. I do feel that Cisco needs to come clean with the facts.
But I'm thinking that might open them up to a potential class action lawsuit from all those American workers, who got stiffed?
"Layoffs over 50 must be reported. Although that's by location.
Layoff 50 in RTP
Layoff 50 in Richardson
Layoff 50 in San Jose
Layoff 50 in Boxborough
Simple method to quietly eliminate 200 American jobs. Rinse and repeat."
Layoffs over 50 must be reported. Although that's by location.
- Layoff 50 in RTP
- Layoff 50 in Richardson
- Layoff 50 in San Jose
- Layoff 50 in Boxborough
Simple method to quietly eliminate 200 American jobs. Rinse and repeat.
With 80 thousand employees, I guess the could lay off 8 per day and not have to report it, right?
Only have to report number greater than 350, or something like that?
Every job at Cisco is temporary now. You need to think like a contractor and always be looking for your next gig.
At least the layoff packages are pretty generous.
It must be difficult to stay focused there?
There's nothing like watching someone with a family and mortgage lose their job. Cisco will teach you numerous valuable life lessons
Every quarter