Thread regarding Cisco Systems Inc. layoffs

It’s more than 5%

They did intend to make it 5% but at the time of the earnings report they didn’t even have a plan. They literally decided the night before. Now that the lists have been made it’s actually about 13%.

by
| 5092 views | | 15 replies (last ) | Reply
Post ID: @OP+1k5d3O16

15 replies (most recent on top)

I have no doubt that it's way above 5%.

I also have no doubt that key infrastructure and services will suffer as a result of low skilled replacement workers.

by
| | Reply
Post ID: @2hfk+1k5d3O16

Who said it was more than 5%?

by
| | Reply
Post ID: @2zpc+1k5d3O16

13%? Any source for that? Or the usual trolls on this site.

by
| | Reply
Post ID: @pcx+1k5d3O16

What is number for appd engineering?

by
| | Reply
Post ID: @tyy+1k5d3O16

36% in Jayesh Bhatt’s team - Cloud & Compute Hyperfake

by
| | Reply
Post ID: @bmc+1k5d3O16

Of course, if you are indian you need not to worry. So much for a company which is all about diversity lol

by
| | Reply
Post ID: @woi+1k5d3O16
  1. 6/13% is absolute nonsense.
by
| | Reply
Post ID: @hyr+1k5d3O16

Mods keep deleting and will do so again, but we know it's true. Not sure why truth is censored.

This is a discriminatory based layoff. Age, Non Indian, ect.

Going to forward the demographic profile right to the eeoc. Of course they'll do nothing, but press will be bad for them.

by
| | Reply
Post ID: @ous+1k5d3O16

@huq+1k5d3O16 no the 13% number for the entire company is accurate. It’s actually 12.6% if you want to get technical about it.

by
| | Reply
Post ID: @rfb+1k5d3O16

the guy who started this is saying it is 13%

by
| | Reply
Post ID: @ukg+1k5d3O16

It's 5%, but some BUs are disproportionally impacted. Some will be 30%+

by
| | Reply
Post ID: @huq+1k5d3O16

Is it so because they need to get rid of some business units or because of a financial target?
It makes sense to be forced to go above 5% if you need to eliminate BUs that are not efficient anymore
If it is just a way to boost up stocks then what is forcing you to go above 5%? What are the consequences of doing that ?

by
| | Reply
Post ID: @igy+1k5d3O16

Within a certain Organization, the number is around 30%

by
| | Reply
Post ID: @ume+1k5d3O16

People will be shocked just how many of them and their peers are impacted. The investors will be thrilled.

by
| | Reply
Post ID: @hwl+1k5d3O16

Yes.

It's a big one.

by
| | Reply
Post ID: @djj+1k5d3O16

Post a reply

: