Even the old-timers not too far from retirement are now praying to be laid off and looking for a way out. That can't be good for the company, no matter how you package it.
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The company needs the "old-timers" to either change or leave. It's transform or bust for Cisco, don't you see it? Cisco had a relevant product in the glory days, now it's a different market. What do you think the stock price will be if Cisco's transformation and promises to investors of a recurring revenue model doesn't go as planned? And what happens if the stock plummits? Stop complaining...
Totally agree with the comment Cisco is a ghost of its former self. I was there 20 years. My last role there reminded me of Kevin Costner in Dances with Wolves. I single-handedly managed a global program inc all transactions, policy, processes, communications, etc. It was my own little fortress. But I was out in the wilderness, nobody came to help, nobody cared.
It's my case. Been here for a really long time, climbed up the ladder to a respectable grade. Cisco is nothing but a ghost of its former self. These days it's just about finger pointing, creating slides with no follow up, flat out lying to upper management, over promising and under delivering, releasing questionable products just for the sake of meeting deadlines. I can't wait for the next call for volunteers. But why aren't you leaving today you say? Because I'm 50 and can't be bothered to start another phoney job in another IT company. Once I get this exit package, I will take time for myself and enjoy life.
cisco good team does my work for me 2 hour days me working, please no dead wood cut
"There's so much waste when they could simply treat their/our employees better."
I'd disagree. You are analyzing Cisco from a low grade employee perspective. Bureaucracy and attrition are intended to protect internal empires. These roadblocks ensure certain decision-makers maintain power and do not need to compete.
Getting things done, know how things work, etc. is not how to succeed at Cisco. It's about building strategic relationships.
Unfortunately, the attrition rate falls into two groups:
- People who've been at Cisco 5-10 yrs and their wages didn't keep up w/ new-hires coming in, so they leave for better money and replacements take time to ramp up on Cisco processes, make networking connections with people/teams who can help them get things done, know how things work, etc.
- People who've joined Cisco 1-3 yrs ago and saw how bad it's becoming and used the role to gain some "experience" and exposure to some technical skill that makes them marketable to another company and jumps ship, usually for more money.
In either case, Cisco has an investment in them that goes beyond their current wages and there's a real cost in lost productivity, lost "tribal knowledge" about background processes or automation that makes "stuff" work, person-hours lost while they're gone and person-hours wasted on opening a req, reading resumes, interviewing, etc.
There's so much waste when they could simply treat their/our employees better.
Layoffs are not going to occur anytime soon due to the high attrition rate. There may be restructuring though...