Thread regarding Cisco Systems Inc. layoffs

Years of Service additional weeks and Accelerated Vesting details

Can someone share? I believe in the past you got 1 extra week for every year of service over 10 and 2 weeks for every year over 20 years if service. So 21 years would be 12 additional weeks, for example. On stock acceleration they mentioned is it accelerated by several quarters or more?

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Post ID: @OP+1jLZyOXs

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There will be stock acceleration, multiple questions and answers about this were posted in the check-in Q&A but they didn't give details.

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Post ID: @1lht+1jLZyOXs

Manager Q&A do mention some accelerated vesting. No details though

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Post ID: @1dun+1jLZyOXs

I believe stock acceleration is part of an early retirement (ER) package, and not the typical LR scenario that we have this cycle, so I wouldn't get your hopes up for stock acceleration. The call was pretty adamant that there is no early retirement component this cycle.

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Post ID: @qgy+1jLZyOXs

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