Thread regarding Cisco Systems Inc. layoffs

RSUs anyone?

Are we getting any now?
When do the web letters go out?

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Post ID: @OP+1aRB6ngr

19 replies (most recent on top)

Grade 13 and up are on a different schedule

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Post ID: @pgos+1aRB6ngr

I’m a Grade 13 and receives $0. Is that normal?

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Post ID: @ockv+1aRB6ngr

I got a message to download my compensation summary for H2 from Workday.
Surprise, surprise, I apparently got a significant chunk of RSU in the round, and nobody told me.

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Post ID: @izdq+1aRB6ngr

Don’t know about RSUs but a lot of IOT Managers got made up to Director. IOT is the future of Cisco.

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Post ID: @7whl+1aRB6ngr

$250K as a G13 is bu-----t ... especially in the spring cycle.

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Post ID: @7wiy+1aRB6ngr

@5kry+1aRB6ngr No, you are wrong....why are you hear if you are currently working at Cisco and happy? Yes, this site is for layoff rumors and layoff confirmations, but also a place for LR'd folks to vent their frustration. What did you expect.....roses and chocolate? If you are checking out this site while on PTO.....you are the pathetic one.

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Post ID: @6snv+1aRB6ngr

$250K at G13? BS. Golden BS.

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Post ID: @6eet+1aRB6ngr

I’m a G13. Got the usual $250k annual grant. Golden handcuffs!!

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Post ID: @5vko+1aRB6ngr

@4ndh+1aRB6ngr Wrong. I am G11 and got some. Did not expect it, so was a pleasant surprise. Yes I know I am not supposed to say anything positive about the company on this site. If I do then I am either a troll, or I am "Chuck" or I am " a HR paid shill" etc. etc. Bunch of sad, useless moaning freaks with nothing to but whine and j@^k off on this site. Get a job and perhaps a life. Then maybe you will be a happier person and not constantly feel the need to combat something imaginary when you don't really need to do that.

Yes, I am on this site as I am on a well deserved PTO. So figured I'll come here and have a laugh at the lies, rumors and more lies.

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Post ID: @5kry+1aRB6ngr

If I get RSUs, it might prolong the agony.

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Post ID: @5iug+1aRB6ngr

The number of RSUs are so low that anyone below G13 will not get any.

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Post ID: @4ndh+1aRB6ngr

Yes, getting RSUs this year. Sounds like they found some extra stock under the couch pillows while working from home?

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Post ID: @4rom+1aRB6ngr

I got a heap in 2019 in two rounds. I got 30k value in RSU in 2020. Nothing so far this year.

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Post ID: @4tbr+1aRB6ngr

Were there any promo cycles that happened this week? Or this cycle is just RSUs.. BTW, got some RSUs which were mightly paltry over whatever i had received over the previous years.

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Post ID: @3tnw+1aRB6ngr

Yes Grade 11 in sales (TSA) but only got 50k RSU's. Other than top TSA's on the team AM, PSS, SE and TSA's dont normally get RSU's.

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Post ID: @3eru+1aRB6ngr

Managers started notifying people last week that were to receive any. No such thing as a web letter now. You should really quit playing video games and read your emails since that information came out more than a quarter ago. I do call BS on the 25-30% for the last 3-4 years statement. I can guarantee that if you aren't a GR13 + that you haven't received that unless you make the minimum wage.

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Post ID: @2fba+1aRB6ngr

Notifications are going out this coming week or next.

Yes, sales get RSUs.

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Post ID: @2jpl+1aRB6ngr

Do people in the sales organization get RSU’s? AM’s, SA’s, SE’s?

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Post ID: @1tlo+1aRB6ngr

No web letter or workday info yet. I assume nothing in workday until it is board approved. Acceptance letter will probably be the first notification.

Less rsu's this year. ~15% of base for me this year. Had received 25-30% for the last 3-4 years. Better than nothing....

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Post ID: @fyr+1aRB6ngr

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