https://hr.economictimes.indiatimes.com/amp/news/workplace-4-0/talent-management/cisco-to-lay-off-over-4000-employees-in-a-rebalancing-move/95616470
7 replies (most recent on top)
Tell me you are a newbie with saying you are a newbie.
Post from TheLayoff.com
Rebalancing= Redistribute weight to other areas. Managers with open reqs have the ball in their court. Let’s see how they perform!
not true
They're cutting the extra fat. It's not a re balancing. It's straight out firing low performers or people who don't work up to expectations.
WTO I heard. Workforce Transition Options. NOT to be confused with PTO.
WTO is more of a permanent PTO.
If you or you know ANYONE that gets moved into another role, please mention it here.
I've heard of no one so far.
Interesting, opinions are kinda everywhere about it