ER? LR? What do those stand for? What do they mean?
8 replies (most recent on top)
ER = Early Retirement, which has only been offered 3 times in the company's history (but can also refer to Employee Relations). LR = Limited Restructuring which is a layoff, which has happened numerous times at Cisco since its first one in April 2001; generally done annually since 2011 and typically done around the end or the beginning of the fiscal year.
HR function, Employee Relations/Labor Relations (ER/LR)
Shhh. The first rule of fight club is you don't talk about fight club. Don't let the masses know that a "limited restructuring" is not the realignment of resources that the ELT tells investors and is really a short-term, near sighted cost cutting today at the expense of long-term strategic goals.
Salary and stock increases for ELT!
HR function, Employee Relations/Labor Relations (ER/LR)
ER - early retirement
LR - limited restructuring = layoff
https://www.cisco.com/c/en/us/products/collateral/interfaces-modules/transceiver-modules/data_sheet_c78-455693.html
Extended Reach? Long Range?
What do you mean by Extended Reach?
What do you mean by Long Range?
Extended Reach, Long Range