Thread regarding Cisco Systems Inc. layoffs

Compensation Results 2022

Did they send out the result yet? What's everyone getting?

by
| 5579 views | | 25 replies (last ) | Reply
Post ID: @OP+1iTLHK77

25 replies (most recent on top)

I am very happy with my new compensations this time

by
| | Reply
Post ID: @5ljr+1iTLHK77

I got less than inflation.

(Which is currently at 9% per year).

by
| | Reply
Post ID: @3owz+1iTLHK77

Less than 3%. The RSU may be able to buy my kid a big Mac. Thank you CR.

by
| | Reply
Post ID: @3nmg+1iTLHK77
I got a 50% raise, $750,000 in RSUs and a pony.

Hello Chuck :D

by
| | Reply
Post ID: @3buf+1iTLHK77

I got a 50% raise, $750,000 in RSUs and a pony.

by
| | Reply
Post ID: @3jyj+1iTLHK77

Got a 1.9% raise, then gave my boss the middle fingah.

by
| | Reply
Post ID: @3vpc+1iTLHK77
If you get something this week when does it go into effect?

Salary raise: Oct 25.

RSUs: the same as every year. November ... I think November 20?

by
| | Reply
Post ID: @3zhu+1iTLHK77

If you get something this week when does it go into effect?

by
| | Reply
Post ID: @2tnf+1iTLHK77

It’s been radio silence from my manager which might not be the best sign. It would be nice to at least know what my IPF is so it’s not a huge surprise come Friday.

by
| | Reply
Post ID: @2wci+1iTLHK77

Were grade promotions part of this?

by
| | Reply
Post ID: @2hwi+1iTLHK77
55+ hours a week, massive upskilling, getting sh*t done. Meant nothing. Nothing at all.

Growing real skills and maintaining a work ethic will mean a lot to your next employer. Find one who appreciates it.

by
| | Reply
Post ID: @2gfb+1iTLHK77

lol. I got a 7% raise ... but I don't work for Cisco.

by
| | Reply
Post ID: @2pvy+1iTLHK77

Career advice from The Offspring:

“Well I guess I should stick up for myself
But I really think it's better this way
The more you suffer
The more it shows you really care
Right?
Yeah yeah yeah”

by
| | Reply
Post ID: @2gwu+1iTLHK77

From the looks of this, Cisco's leadership is expecting there to be just enough employees with low self-esteem to enable the company to keep the lights on.

by
| | Reply
Post ID: @2qio+1iTLHK77

I’m so glad I didn’t stick around for an addition 6 months waiting for this round of raises. I knew they were full of sh-t.

by
| | Reply
Post ID: @2sde+1iTLHK77

Got dinged to less than 100% IPF because “you make more than other people and I needed more money to give to people lagging behind you” and a manager who got angry when I told him calling the bonus remix a salary raise was misleading and inaccurate

by
| | Reply
Post ID: @1ggh+1iTLHK77

No raise at all. No RSU. Nothing.

Ok, well. I consider this a firing. Bye.

55+ hours a week, massive upskilling, getting sh*t done. Meant nothing. Nothing at all.

by
| | Reply
Post ID: @1ero+1iTLHK77

Some of the raises and promotions are happening in teams which has seen massive attrition in recent times. I my SE team we have lost around 6-7 people since January. Only a couple have been backfilled. So, a couple were promoted recently. Presumably because they have the budget and management wants to put on a show that they "are promoting people". Some of the people who left rightfully claimed dead-end career and at least one or two higher grades were pushed out - "quiet firing".

by
| | Reply
Post ID: @1kep+1iTLHK77

No raise, which I was hoping for. Got RSUs - guess it's better than nothing; but probably going to be worth a lot less by the time they vest.

by
| | Reply
Post ID: @1qye+1iTLHK77

3%? Got way more than me!

by
| | Reply
Post ID: @1dou+1iTLHK77

what a crock of cr-p. 3%. low stock grant. .84 payout. time to leave for a real increase! over giving years to the self involved wannabe celebrities we call executives. Why is it that our SLT can travel all over world for Formula 1 racing bullsh-t, but sales can't travel to see customers? this place has lost its minds. can you say not too big to fail!

by
| | Reply
Post ID: @1zmn+1iTLHK77

Everyone is getting a link on being woke and how it helps the greater good. It should be a mandatory training too..

by
| | Reply
Post ID: @dok+1iTLHK77

$19

by
| | Reply
Post ID: @ypi+1iTLHK77

I got scissors. You win.

by
| | Reply
Post ID: @hzw+1iTLHK77

I got a rock.

by
| | Reply
Post ID: @ezn+1iTLHK77

Post a reply

: