Thread regarding Cisco Systems Inc. layoffs

For the price of one you can get two grads. They will do more to prove themselves will have fresh blood to donate and will not expect much. By the time they know Cisco will get rid of them and get a fresh supply.

Question: in the US West coast, which grade level or positions at Cisco are paying total compensation around $300K today? Let’s say $180K base + $120K in RSU+bonus. Do you need to be at grade 13 to earn that?

There will always be companies looking for upper management types even if they never delivered or accomplished anything.

Isn't this in the current job description for any exec at Cisco?

Then again, I thought there was something unwritten in every CxO title role at all companies. CxO's don't just leave a company because it's booming, they leave when there are problems with the company or they're forced out because there's problems with them. Yet, they get huge bonuses to leave and huge bonuses when they start a new role.

CEO's and football/basketball coaches are the only two jobs I know of where a person can fail, get paid off millions of $'s when they're fired, and make more $'s when they're hired somewhere else, and even repeat the cycle again.

This is not usually the case. The problem with Cisco is their so called "technology" is outdated. As a result, if a person choose to stay in the technical path, they will find that they don't exactly have transferable skills for the next job. However, as the poster pointed out, if they are a director or above, they are set for life. There will always be companies looking for upper management types even if they never delivered or accomplished anything.